Dtcpay Completes $25 Million Series A Funding Round Led by Vertex Ventures Southeast Asia & India, with SBI Participating

Odaily News: Singapore-based compliant stablecoin payment company Dtcpay has announced the completion of a $25 million Series A funding round, led by Vertex Ventures Southeast Asia & India, with SBI participating through two Singapore investment entities. Dtcpay provides stablecoin and fiat currency acceptance, storage, and trading services.

The funds from this round will be used to expand its merchant network, build infrastructure, develop enterprise portal and consumer application features, and enter more regulated markets. Dtcpay has integrated with WalletConnect and launched a Visa-linked stablecoin-to-fiat card. (Bitcoin.com News)