This marks the first instance of a platform combining traditional banking infrastructure (ACH, SWIFT, SEPA) with crypto settlement while maintaining full Treasury backing - a unprecedented hybrid approach that bridges the gap between current financial systems and prophesied global economic control. The 100+ country reach represents the largest initial deployment of such technology.
Global Stablecoin Banking Platform Dakota Breaks New Ground
📰 What Happened
Crypto-banking platform Dakota has secured $12.5M in Series A funding led by CoinFund, with participation from 6th Man and Triton Ventures. Founded by Coinbase, Square, and Airbnb alumni, Dakota enables businesses to operate in both traditional banking and stablecoins across 100+ countries. The platform uniquely combines ACH, SWIFT, and SEPA networks with blockchain settlement, while maintaining 1:1 Treasury-backed reserves. 'We believe stablecoins can revolutionize business banking,' stated CoinFund CIO Alex Felix.
📖 Prophetic Significance
Dakota's integration of government-backed Treasuries with borderless crypto transactions creates a new paradigm previously unseen in prophecy fulfillment. The platform's ability to process transactions 'behind the scenes' through blockchain while presenting as traditional banking aligns with Revelation's description of a system that seamlessly controls all commerce. The expansion to 100+ countries simultaneously, backed by $12.5M in institutional funding, demonstrates an acceleration toward global financial integration that exceeds previous regional or limited-scope implementations. The 1:1 Treasury backing adds governmental legitimacy to this crypto-traditional hybrid model.