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Techub News reports that stablecoin financial infrastructure provider VelaFi has completed a $20 million Series B funding round, led by XVC and Ikuyo, with participation from Planetree, BAI Capital, Alibaba Investment under Alibaba Group, and others. The report states that after this round, VelaFi's total funding reached $40 million, and the funds will be used to expand its stablecoin payment infrastructure-related business.