**[Arx Research Completes $6.1 Million Seed Round Financing, Launches Stablecoin and Fiat POS Device "Burner Terminal"]** According to The Block, hardware and software company Arx Research has completed a $6.1 million seed round financing led by Castle Island Ventures, with participation from Inflection, Placeholder, Seed Club Ventures, and 1kx. The company has officially launched a handheld POS device, "Burner Terminal," which integrates digital assets and traditional payment methods. The terminal is EMV security-certified and supports payments via stablecoins, contactless cards, and chip-and-pin cards. It also integrates the Flexa network to enable transactions with crypto assets such as Bitcoin and Ethereum. The product is specifically designed for small merchants like food trucks and hair salons, utilizing WiFi and LTE networks for mobile payments. Consumers can complete transactions via phone tap, Burner card, or QR code scanning. Castle Island Ventures' founding partner noted that this marks the first time stablecoins have truly entered the physical retail space. The company's CEO stated that if merchants directly accept stablecoins, the fee structure could be nearly free. The funding will be used to scale production, develop the ecosystem, and expand into the U.S., European, and Latin American markets. The product is scheduled for full launch in early 2026.