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Peanut Protocol completes $1.50 million pre-seed round of funding

Peanut Protocol, a stablecoin payment service protocol, announced the completion of a $1.50 million pre-seed round of funding, supported by Blockscout, WalletConnect, and Clave Wallet, among others. The new funds will be used to build its digital dollar payment infrastructure. Currently, its users support sending and receiving digital dollars based on URLs and QR codes on more than 20 networks, and cashing out dollars or euros into bank accounts.