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Monad Makes Power Move: Snags Portal Labs to Supercharge Stablecoin Payments
Monad Makes Power Move: Snags Portal Labs to Supercharge Stablecoin Payments
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Stablecoins just got a turbo boost. Monad—the blockchain upstart that's been quietly eating TradFi's lunch—just acquired Portal Labs in a deal that screams 'game on' for crypto payments.
Why it matters: This isn't just another corporate acquisition. Portal's battle-tested payment rails give Monad instant infrastructure to challenge legacy systems where it hurts most—settlement times and fees.
The cynical take: Because nothing says 'financial revolution' like duplicating Visa's network with extra steps and volatility risks. But hey, at least the middlemen get cut out this time.
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