Loop Crypto, a stablecoin payment processor, said it closed a strategic funding round co-led by VanEck and Fabric Ventures, bringing total capital raised to approximately $6 million. The company did not disclose the round size but indicated the proceeds will underwrite product development—specifically the rollout of subscription-billing capabilities using stablecoins. Backing from institutional investors underscores growing interest in resilient stablecoin rails for merchant payments and recurring revenue models. Loop Crypto stated the new financing will accelerate engineering, compliance and partner integrations to support broader merchant adoption of stablecoin settlement for subscription fees, aligning the firm’s roadmap with evolving institutional payment infrastructure needs.
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