Stablecoin payment processor Loop Crypto completes new round of financing led by VanEck and others, bringing total funding to $6 million

According to Blockworks, stablecoin payment processor Loop Crypto has completed a strategic financing round co-led by VanEck and Fabric Ventures, bringing its total raised to $6 million. The exact amount of funding was not disclosed. Loop Crypto specializes in stablecoin payment solutions, supports subscription payment models, and serves a number of merchants, including Helius, OpenPay, Kaito, and Privy. Its transaction volume in the second quarter of 2025 increased by 344% year-on-year.