Singapore Stablecoin Payment Company Dtcpay Completes $10 Million Series A Financing

Gate News reports that on March 17, Singapore-based stablecoin payment infrastructure company DtcPay announced the completion of a $10 million Series A funding round led by Vertex Ventures Southeast Asia & India. The company has obtained a Luxembourg electronic money institution license, allowing it to provide regulated payment services within the European Economic Area. DtcPay builds stablecoin payment infrastructure for businesses and consumers and has partnered with Visa to launch a card product connecting digital finance with traditional finance. Its platform supports real-time settlement between stablecoins and fiat currencies.

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