Monad Foundation, an organization dedicated to the development, adoption, and growth of the Monad blockchain network, today announced its acquisition of Portal Labs, the team behind Portal, an embedded stablecoin wallet infrastructure platform. The acquisition will bring a full-stack payments solution to Monad, a high throughput Layer-1 blockchain, and amplify Portal’s mission to make stablecoin-powered payments effortless for web2 and web3 businesses. Leadership evolution: Portal CEO and Co-Founder Raj Parekh will join the Monad Foundation as Head of Payments and...