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      Stablecoin-based remittance startup Félix Pago has raised $200 million, including an $87

      THE BLOCK: Stablecoin-based remittance startup Félix Pago has raised $200 million, including an $87 million Series C equity round led by a16z crypto and a $113 million credit line from General Catalyst's Customer Value Fund.Félix plans to expand beyond remittances into lending, savings and yield products, while entering countries including Brazil and Venezuela.

      Source: The Block
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud