dtcpay Completes $25M Series A As SBI Group Joins Stablecoin Payments Push
TL;DR
- Singapore payments company dtcpay has completed a $25 million Series A.
- Vertex Ventures led the original round, with SBI Group joining as a strategic investor.
- The capital will support expansion of stablecoin and merchant payment infrastructure.
Singapore-based digital payments company dtcpay has completed a $25 million Series A, bringing Japan’s SBI Group onto its shareholder register as the company expands its stablecoin payment infrastructure.
The detail that matters here is who did what.
Vertex Ventures led the initial financing, while SBI Group joined later as a strategic investor to complete the $25 million round.
That is slightly different from saying SBI led the raise — and probably more interesting.
Stablecoin Payments Keep Pulling In Traditional Finance
dtcpay operates payment infrastructure that lets merchants and businesses move between fiat and digital assets.
The company is licensed in Singapore as a Major Payment Institution, giving it a regulated base in one of Asia’s most important financial hubs.
Stablecoins have become increasingly attractive to payment companies because they can make cross-border settlement quicker without requiring businesses to hold volatile crypto assets such as Bitcoin or Ethereum.
A dollar-denominated stablecoin can move across blockchain rails while still behaving, economically, much more like cash.
That is where dtcpay sits.
The company is building the merchant-facing layer around that infrastructure rather than trying to become another speculative crypto exchange.
SBI Brings More Than Capital
SBI’s participation also gives the deal a strategic angle.
The Japanese financial group already has a significant footprint across banking, securities and digital assets.
For a payments business trying to expand across Asia, that network can be just as valuable as the money itself.
dtcpay says the funding will support further development of merchant-payment and cross-border settlement services.
The broader direction is becoming increasingly clear.
Stablecoin adoption may eventually be driven less by consumers deciding to “use crypto” and more by payment companies quietly putting blockchain settlement behind familiar financial products.
Most users may never need to know which chain moved the money.
They will simply notice that settlement got faster.
Source: dtcpay. https://dtcpay.com/news/dtcpay-closes-25m-series-a-sbi-group/
This article was written by the News Desk and edited by Samuel Rae.
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