Svmuu News: Stablecoin banking platform Flex announced the completion of a $70 million Series B1 funding round led by Halo Fund. The new funds will be used to expand Flex Global, its stablecoin-based cross-border commercial banking platform, to help mid-sized enterprises make global payments and manage their funds through stablecoin infrastructure. Data shows that the annual volume of stablecoin payments has reached approximately $390 billion, with business-to-business transactions growing by about 733% year-over-year. Meanwhile, Visa’s stablecoin settlement volume reached an annualized $7 billion as of April 2026, representing a 50% year-over-year increase. (Forbes)