[Stablecoin Cross-Border Payment Infrastructure Company OpenFX Secures $94 Million in Funding] According to Reuters, the startup OpenFX, which focuses on forex market-making and cross-border remittances, has completed a $94 million funding round. The round was led by institutions such as Accel, Lightspeed Faction, M13, Northzone, and Pantera, with a post-money valuation of approximately $500 million. OpenFX uses stablecoins as a bridge to connect banking systems with blockchain infrastructure, providing faster and lower-cost settlement services for large cross-border transactions. The company stated that over 98% of transactions on its platform can be settled within 60 minutes, and its annualized payment processing volume has grown from approximately $4 billion to around $45 billion. OpenFX plans to use the funds from this round to expand into the Southeast Asian and Latin American markets.