PANews reported on October 28th that, according to Fortune , Standard Economics announced the completion of a $ 9 million seed round led by crypto venture capital firm Paradigm , with participation from Lightspeed and several angel investors. Co-founded by Evan Jones (formerly of X and xAI ), Payam Abedi (formerly of X ), and Tyler Carnevale (formerly of SpaceX and X ), the company plans to provide cross-border remittance and US dollar access services using stablecoins. Its first app, " Uno ," launched today in Mexico, supporting domestic payments and zero-fee cross-border transfers. It will expand to Argentina, the Philippines, and several other countries in Latin America and Asia. The company currently has six employees and has not yet generated revenue.