Jeeves announces $110 million raise and stablecoin wallets

Jeeves says it raised $110 million to scale its stablecoin-native banking platform across 35 countries, including 10 new markets. Alongside the wallets, it announced cards in 10 more countries, an accounts receivable module starting in Brazil and a tracker for AI spending across currencies and models. Jeeves says its stablecoin business crossed $1.5 billion in annualized volume in eight months.