Cyclops Raises $20 Million to Scale Stablecoin Payments

Cyclops builds infrastructure designed to help businesses process payments and move funds using stablecoins. The company is targeting a market gaining prominence as dollar-linked digital tokens expand beyond crypto trading into cross-border transfers and corporate payment flows. Reliable, scalable infrastructure has become increasingly important as financial-technology firms seek to connect blockchain-based settlement with mainstream business operations.

Cyclops has raised $20 million in a Series A funding round to expand its stablecoin payments infrastructure. The financing follows an $8 million strategic round completed in March 2026, bringing the combined amount raised across the two recent deals to $28 million. The closely timed rounds underscore the startup’s push to scale as demand for stablecoin-based payment services grows.