{"id":41795,"date":"2025-03-24T21:08:30","date_gmt":"2025-03-24T18:08:30","guid":{"rendered":"https:\/\/entarabi.com\/?p=41795"},"modified":"2025-03-24T21:14:54","modified_gmt":"2025-03-24T18:14:54","slug":"code-state-raises-3m-to-accelerate-stablecoin-innovation-from-dubai","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/03\/code-state-raises-3m-to-accelerate-stablecoin-innovation-from-dubai\/","title":{"rendered":"Code & State Raises $3M to Accelerate Stablecoin Innovation from Dubai"},"content":{"rendered":"
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    Code & State<\/strong>, a Dubai-based startup studio, secures $3 million<\/strong> in funding to incubate real-world stablecoin ventures.<\/p>\n<\/li>\n

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    The program will provide capital, infrastructure, and expert mentorship for UAE-based founders.<\/p>\n<\/li>\n

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    Global stablecoin transaction volume surpassed $15 trillion in 2024<\/strong>, outpacing Visa and highlighting the sector\u2019s rapid growth.<\/p>\n<\/li>\n<\/ul>\n

    \nDubai-based startup studio Code & State<\/strong> has announced the successful raise of $3 million<\/strong> in a strategic funding round backed by Warburg Serres<\/strong> and KR1<\/strong>. The funds will be used to incubate and accelerate startups focused on expanding the real-world use of stablecoins<\/strong>, a fast-growing segment in the global fintech landscape.<\/p>\n

    With this investment, Code & State aims to provide capital, hands-on mentorship, and infrastructure<\/strong> to entrepreneurs tackling key challenges in the stablecoin ecosystem \u2014 from payment systems and cross-border remittances to compliance and transactional security.<\/p>\n

    The move comes as global stablecoin transaction volumes surpassed $15 trillion in 2024<\/strong>, outpacing annual Visa payments, and highlighting the increasing adoption of stablecoins in cross-border payments, day-to-day transactions, and decentralized finance (DeFi).<\/p>\n

    The studio is currently seeking UAE-based founders<\/strong> to join its program and build new ventures around stablecoin use cases. Selected founders will gain access to funding, operational support, and a robust network of investors and industry experts.<\/p>\n

    The startup program is designed to fast-track ideas<\/strong> from concept to market-ready solutions, increasing the odds of success for early-stage ventures in the Web3 and fintech space.<\/p>\n

    Code & State was founded by Cedric Waldburger<\/strong>, an early investor in Liquity<\/strong> and a seasoned entrepreneur with deep experience in the crypto space. Waldburger believes stablecoins are a foundational force in the future of global finance. He stated:<\/p>\n

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    \u201cWe believe the total market cap for stablecoins will grow 10x over the next five years, surpassing $1.5 trillion. The potential is massive.\u201d<\/p>\n<\/blockquote>\n

    With this funding, Code & State is positioning itself as a catalyst for the next wave of stablecoin innovation \u2014 helping build the infrastructure and solutions that will redefine digital payments globally.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

    Code & State, a Dubai-based startup studio, secures $3 million in funding to incubate real-world stablecoin ventures. The program will provide capital, infrastructure, and expert mentorship for UAE-based founders. Global stablecoin transaction volume surpassed $15 trillion in 2024, outpacing Visa and highlighting the sector\u2019s rapid growth. Dubai-based startup studio Code & State has announced the […]<\/p>\n","protected":false},"author":37,"featured_media":41792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[],"class_list":["post-41795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=41795"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/41792"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=41795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=41795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=41795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}