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PANews
PANews|Oct 28, 2025 12:29
**[Standard Economics Completes $9 Million Seed Round Financing, Launches Cross-Border Payment App "Uno"]** Standard Economics announced the completion of a $9 million seed round financing, led by crypto investment firm Paradigm, with participation from Lightspeed and several angel investors. The company was co-founded by Evan Jones (formerly of X and xAI), Payam Abedi (former X employee), and Tyler Carnevale (formerly of SpaceX and X), aiming to provide cross-border remittance and USD access services through stablecoins. Its first application, "Uno," was launched today in Mexico, supporting domestic payments and zero-fee cross-border transfers, with plans to expand to Argentina, the Philippines, and multiple countries in Latin America and Asia. The company currently has six employees and has not yet generated revenue.
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