dtcpay Completes $25M Series A As SBI Group Joins Stablecoin Payments Push

TL;DR

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.