PANews reported on March 31 that The Better Money Company, founded by former a16z crypto investor Sam Broner and partner Adam Zuckerman, announced the completion of a $10 million seed funding round. The round was led by a16z crypto, with participation from BoxGroup, Sunflower Capital, Circle co-founder Sean Neville, and former Microsoft executive Charlie Songhurst, among others. The project plans to build a stablecoin clearing platform, providing centralized exchange and liquidity services for compliant stablecoins such as USDC and USAT that comply with the Genius Act. By establishing direct subscription and redemption accounts with issuers such as Paxos, Stripe Bridge, and MoonPay, it aims to reduce the cost for institutions buying and selling stablecoins on the open market.