OpenPayd’s annualized recurring revenue surpasses $100 million

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OpenPayd’s annualized recurring revenue reached $107 million in October, while second-quarter revenue rose 44% year over year to $25.4 million. Fiat infrastructure accounted for 70% of revenue growth in the first half, with the remainder coming from stablecoin orchestration; revenue from stablecoin orchestration rose year over year from $500,000 to $3.9 million.