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UAE Stablecoin Startup SaturnX Secures $3 Million in Seed Funding to Revolutionize Cross-Border Payments

Alfred LeeAlfred Lee5h ago

UAE Stablecoin Startup SaturnX Secures $3 Million in Seed Funding to Revolutionize Cross-Border Payments

Dubai-based fintech startup SaturnX has successfully raised $3 million in a seed funding round, marking a significant milestone for the company focused on stablecoin-based cross-border payment infrastructure. The funding round, announced on June 17, 2025, was led by White Star Capital, with participation from several institutional investors.

SaturnX aims to transform the global remittance market by providing an innovative API layer that enables B2B money transmitters and financial platforms to facilitate seamless and cost-effective transactions using stablecoins. This technology targets high-demand corridors, particularly between the Gulf region and South Asia, where remittance flows are substantial.

The company’s mission is to address inefficiencies in traditional cross-border payment systems, such as high fees and slow processing times. By leveraging blockchain technology and stablecoins, SaturnX offers a faster and more transparent alternative, which could disrupt the $700 billion global remittance industry.

With the newly secured funds, SaturnX plans to expand its operations and enhance its infrastructure to support more remittance corridors worldwide. The focus will be on scaling its platform to cater to a growing number of businesses seeking efficient payment solutions in emerging markets.

“This funding validates our vision to revolutionize cross-border payments using stablecoin technology,” said a spokesperson for SaturnX. “We are excited to partner with White Star Capital and other investors to bring accessible and affordable financial solutions to millions of users globally.”

As the fintech landscape in the UAE continues to thrive, SaturnX’s success underscores the region’s growing reputation as a hub for blockchain and cryptocurrency innovation. The startup’s progress will likely be closely watched by industry leaders and investors eyeing the potential of digital currencies in reshaping global finance.

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