# Cyclops raises $20M to accelerate payments with stablecoin infrastructure Miami-based startup aims to enable instant global settlements for payment providers. - **Source:** [Fortune](https://fortune.com) - **Published:** 2026-07-15 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/2b20144a-2b84-425c-a766-49231a606b9e ## Payment Revolution Cyclops seeks to overcome traditional banking limitations through stablecoin technology. Instead of relying on wire transfers that don't operate on weekends, it enables internet-speed money movement. The Miami-based startup secured $20 million in Series A funding to realize this vision of frictionless global payments. ## Technical Infrastructure The company developed an all-in-one platform combining crypto and stablecoin services for payment providers. This eliminates the need for clients to build their own infrastructure for cross-border transactions. Co-CEO Alex Wilson emphasizes how this solution accelerates cash flow for businesses and consumers alike. ## Investor Backing The Series A round was led by Nava Ventures with participation from major players like Coinbase Ventures, Circle, and GPT Ventures - where former Mastercard executive Javier Pérez is a partner. Following its $8 million seed round in March, the company plans to accelerate its growth trajectory. ## Founders' Journey The Cyclops team previously founded The Giving Block in 2018, a crypto donation platform for charities. This experience gave them firsthand insight into payment system pain points. After selling to Shift4, the team gained deep expertise in stablecoin payments before launching their new venture. ## Market Dynamics The stablecoin market grew 137% in 2024 to reach $310 billion, dominated by giants like Tether's USDT and Circle's USDC. US regulatory developments like the GENIUS Act are accelerating adoption. Industry experts believe stablecoins represent the future of payments. ## Global Ambitions With licensing processes underway in the US and Europe, Cyclops already counts major clients like Mastercard and Shift4 Payments. The company predicts stablecoin technology will fundamentally transform global payment habits as it becomes faster, cheaper, and more ubiquitous. ## Sources covering this story - https://fortune.com/2026/07/15/exclusive-cyclops-20-million-payment-companies-settlement-stablecoins/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._