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PEXX enables users to transfer US dollar stablecoins to bank accounts worldwide.
Founded in 2024 by CEO Marcus Lim, PEXX Technology is based in Australia and provides a platform for transferring USDT and USDC to bank accounts worldwide. It supports 16 currencies across 35 countries and partners with Fireblocks for asset management and Ripple's blockchain technology for cross-border transfers. In July 2024, PEXX raised USD 4.5 million in seed funding from Antler, TNB Aura, and EMO Capital.
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