Diameter Pay, a stablecoin payments infrastructure startup, raises $10 million in a Series A funding round. The round is co-led by CMT Digital and Lightspeed Faction, with additional participation reported from other investors.

The funding is intended to expand Diameter Pay’s capabilities across banking, payments, and digital assets. Both outlets describe the company as focused on providing infrastructure for stablecoin-based transactions, positioning the new financing for growth in those areas. Details beyond the co-leads and the overall amount are limited in the provided reports, and the accounts emphasize the same core purpose: scaling stablecoin payments infrastructure rather than changing the company’s focus.

While one outlet states the raise directly, the other adds more context about the intended expansion areas. Neither source contradicts the reported amount or the co-lead firms, and both frame the round as a step toward broader payment and digital-asset functionality.