PANews reported on October 1st that Mesta, a stablecoin payment network, announced the completion of a $5.5 million seed round led by Village Global, with participation from Circle Ventures, Paxos, WTI - Western Technology Investment, Garuda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Ventures. The new funds will reportedly be used to expand its global payment capabilities, strengthen its international team, and accelerate global growth, further integrating the reliability of fiat payments with the efficiency of stablecoins.