LevelUSD, a decentralized stablecoin startup, has raised $2.6 million in a strategic funding round led by Dragonfly Capital, bringing its total funding to over $6 million. The company has seen rapid growth, with its stablecoin LVLUSD reaching $81 million in market size after only a few months of operation, representing a 209% increase in one month. The broader stablecoin market is valued at $229.5 billion, according to Defillama. Utila, a digital asset operations platform specializing in institutional-grade multiparty computation (MPC) wallets, has raised $18 million in a Series A funding round led by Nyca Partners, with participation from Wing VC, NFX, and others. The funding will support global expansion and product enhancements, as Utila addresses growing demand for secure digital asset management solutions, including stablecoins. The company has processed $8 billion in monthly transactions and has raised a total of $35 million to date. Stable Sea, a stablecoin offramping and liquidity management platform, has secured $3.5 million in funding from investors such as Kindred Ventures and The Fintech Fund. The platform facilitates efficient conversion of stablecoins into local fiat currencies, targeting use cases like corporate treasury movements and cross-border payments. In 2024, stablecoin transfers surpassed $27.6 trillion, underscoring their growing role in global payments.