Stablecoin payment processor Loop Crypto has completed a strategic round of financing, led jointly by VanEck and Fabric Ventures

according to BlockWorks, stablecoin payment processor Loop Crypto has completed a strategic funding round co-led by VanEck and Fabric Ventures, bringing the company's total funding to $6 million.

Loop Crypto focuses on building stablecoin payment infrastructure and has developed innovative features such as stablecoin subscription payments.