Arx Research secures 6.1 million USD in seed funding to introduce its “burner terminal,” a POS machine for stablecoins and fiat currency

Arx Research successfully secured 6.1 million USD in seed funding led by Castle Island Ventures, aimed at launching a versatile POS device for stablecoin transactions.

The “Burner Terminal” supports EMV security, accepts payments via stablecoins, cards, and chips, and is tailored for small businesses utilizing modern payment technologies.

The CEO emphasized the significance of stablecoins in retail, highlighting plans for market reach expansion in Europe, America, and Latin America by early 2026.

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