Singapore-licensed dtcpay, which offers stablecoin payments across Europe, Hong Kong, Australia, and North America, raised a $25M Series A

Cross-border payments with stablecoins now have a dedicated enterprise portal and improved app features.

Singapore-licensed dtcpay, a stablecoin payment provider, has successfully closed a $25 million Series A funding round. The round was led by a strategic investment from Japan's SBI Group, with participation from existing investors Vertex Ventures Southeast Asia & India, Genedant Capital, and Kwee Liong Tek. Dtcpay offers services including digital asset conversion, custody, and a Visa-linked card for spending stablecoins, operating in Europe, Hong Kong, Australia, and North America. The company plans to utilize the new capital to enhance its enterprise portal, improve its mobile application, and expand its merchant network. Dtcpay aims to transform cross-border payments, leveraging stablecoins as a faster alternative to traditional banking systems, provided regulatory standards are met.

This funding round signifies continued institutional confidence in regulated stablecoin infrastructure, particularly in the Asia-Pacific region. SBI Group's investment underscores a strategic push to bridge Japanese capital markets with Southeast Asian commercial opportunities through digital asset channels. The expansion of dtcpay's merchant network and enterprise tools signals a move towards more mainstream adoption of stablecoins for business transactions, potentially streamlining international commerce.

The investment will enable dtcpay to build out critical enterprise-level tools and expand its reach, aiming to fundamentally alter cross-border money movement. As stablecoin adoption grows, companies like dtcpay are positioning themselves to capture market share by offering regulated, efficient payment rails. Watch for how dtcpay's enhanced services impact traditional remittance providers and how other fintechs respond to this competitive pressure.