QASH TO BUILD A STABLECOIN-POWERED NEOBANK FOR LATIN AMERICA

Summary from the TLDR Crypto newsletter

Qash closed a $1.5 million pre-seed round led by Chaac Ventures with participation from Antler to scale its stablecoin-powered neobank. It was founded by Venezuelan-born Boris Spiwak to help Latin Americans save, spend, and invest in US dollars, with the new capital earmarked to expand product offerings, grow the team, and accelerate user acquisition amid rising stablecoin adoption after the GENIUS Act. Qash hopes to build on existing momentum as transaction volume has grown about 35x in six months.