OpenFade first-half revenue $47.5 million (approximately 63.7 billion won)
Original headline오픈페이드 상반기 매출 4750만달러(약 637억원)
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OpenPayd reported $47.5 million in revenue for the first half of its fiscal 2027, covering May through October 2026, with stablecoin business revenue jumping to $3.9 million from $500,000 a year earlier. The unaudited figures, converted from euros, show fiat infrastructure accounted for 70% of the increase in banking and payments revenue excluding interest income, while the stablecoin unit contributed the remaining 30%. The disclosure highlights how stablecoin payment rails are becoming a material growth driver for regulated banking-as-a-service platforms rather than a marginal side business. OpenPayd's fiscal year ends April 30, so the next data point to watch is whether stablecoin revenue sustains its roughly eightfold pace of growth in the second half and full-year results.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
OpenPayd