
defi·28d ago
dtcpay closes $25M Series A with SBI Group joining stablecoin payments push
dtcpay has completed a $25 million Series A round with Japan's SBI Group taking part, as interest in stablecoin payment infrastructure continues to build.
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dtcpay has completed a $25 million Series A round with Japan's SBI Group taking part, as interest in stablecoin payment infrastructure continues to build.

The Singapore-based stablecoin payments firm says the funding will go toward expanding its product suite and merchant network.

A regulatory filing suggests tokenized equity would be settled via existing Wall Street infrastructure.

DTCC and Stellar are collaborating on a tokenization pilot for DTC-custodied assets, though it is not yet a live settlement system.