The Better Money Company has raised $10 million in seed funding to build a clearinghouse for U.S. dollar stablecoins under the new GENIUS Act regulatory framework.
The startup, co-founded by former a16z crypto investor Sam Broner, aims to provide institutions with a single platform to swap between compliant stablecoins efficiently.
“Stablecoins aren’t just the future, they’re better money today,”
Broner said, highlighting their growing role in payments and settlement.
The funding round was led by a16z crypto, with participation from BoxGroup, Sunflower Capital and angel investors including Circle co-founder Sean Neville.
Better Money plans to support GENIUS-compliant tokens from issuers such as Paxos, Stripe’s Bridge and MoonPay, while excluding Tether’s global USDT for now.
The platform will focus on low-cost, high-throughput swaps, targeting institutional users seeking regulated infrastructure for stablecoin transactions.
The move reflects a broader shift toward compliant stablecoin rails as new regulations reshape how digital dollars move across financial systems.