Cross-border payments startup Latitude, founded by former employees of Stripe and Coinbase, has raised $8 million in a funding round led by New Enterprise Associates (NEA). The round also saw participation from Lightspeed Faction, Coinbase, Paxos, and Solana Foundation. Latitude's core offering, Global Payouts, leverages stablecoin channels to facilitate faster and more cost-effective international transfers for businesses, while abstracting the underlying stablecoin payment processes to lower the barrier to entry.