COCA.xyz, the next-generation non-custodial payments app, has just secured a major strategic funding round led by the Stellar Development Foundation (SDF), with additional backing from FunFair Ventures. This investment is set to supercharge COCA’s mission to revolutionize stablecoin payments—making them seamless, secure, and accessible to users worldwide.
Key Takeaways
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COCA Secures Strategic Funding – COCA.xyz has completed a funding round led by the Stellar Development Foundation (SDF), with participation from FunFair Ventures, to accelerate stablecoin payments adoption.
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Revolutionizing Stablecoin Payments – COCA’s non-custodial platform enables seamless spending with Visa debit cards and IBANs, eliminating private key risks, high fees, and merchant limitations.
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Deep Stellar Ecosystem Integration – COCA is enhancing its platform with Stellar-powered services like MoneyGram remittances, Soroban smart contracts, and blockchain partnerships.
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Innovative Features for Mass Adoption – Key offerings include MPC security with biometric backup, Universal Gas Token (UGT) for multi-chain gas fee coverage, zero-fee swaps, cross-chain transactions, and crypto cashback rewards.
Stablecoins are quickly reshaping the digital payments landscape, yet mainstream adoption still faces hurdles like private key security risks, high fees, and limited merchant support. COCA is tackling these issues head-on with a user-friendly, mass-market-ready platform that integrates deeply with the Stellar network.
With over 1 million users onboarded in just a year, COCA is proving that stablecoins aren’t just for crypto enthusiasts – they’re for everyone.
COCA’s Game-Changing Features
COCA isn’t just another crypto wallet. It’s redefining how stablecoins are used for everyday payments through innovative features:
🔹 Seamless Stablecoin Spending – Pay at over 80 million merchants in 200+ countries using COCA’s non-custodial Visa debit cards and IBANs.
🔹 Deep Stellar Integration – Expanding support for MoneyGram’s global remittance services, Soroban smart contracts, and other Stellar-powered projects.
🔹 MPC Security & Biometric Backup – Eliminating private key vulnerabilities while ensuring users have seamless access to their funds.
🔹 Universal Gas Token (UGT) – A game-changing feature allowing users to cover gas fees across multiple blockchains, reducing friction in transactions.
🔹 Zero-Fee Swaps & Cross-Chain Transactions – Enabling cost-effective and accessible stablecoin transfers.
🔹 Crypto Cashback Rewards – Earn crypto cashback on every transaction, making spending even more rewarding.
“This investment is not just financial; it’s a strategic milestone,” said Pavel Matveev, Product Advisor at COCA.
“COCA and the Stellar Development Foundation share the same vision – making everyday financial services accessible. With Stellar’s support, we’ll scale faster, enhance our platform, and deepen our integration within the Stellar ecosystem.”
Denelle Dixon, CEO & Executive Director of the Stellar Development Foundation, echoed this sentiment:
“Stablecoins are powering payments and driving blockchain adoption globally. COCA’s non-custodial, user-friendly approach will accelerate the mainstream use of stablecoin payments. We’re proud to support their growth.”
With this fresh funding, COCA is doubling down on innovation and expansion. Expect to see deeper integrations with Stellar-based projects, an enhanced user experience, and a push toward mainstream stablecoin adoption. As digital payments continue to evolve, COCA is positioning itself at the forefront of this revolution, enabling anyone, anywhere, to transact globally with unparalleled ease and security.
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