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Singapore-licensed dtcpay, which offers stablecoin payments across Europe, Hong Kong, Australia, and North America, raised a $25M Series A (CoinDesk)

Stablecoin payments firm dtcpay announced today the formal completion of its $25 million Series A funding round, securing a strategic investment from Japan's financial giant, the SBI Group.

Singapore-licensed dtcpay has completed a $25 million Series A funding round. The company offers stablecoin payments across Europe, Hong Kong, Australia, and North America.

The funding round included a strategic investment from Japan's financial giant, the SBI Group, according to CoinDesk.

The fresh capital will enable dtcpay to scale its product suite and merchant network, including a revamped business portal for enterprise clients, as reported by The Block.

Brief written by urgent.news from Techmeme, Arabian Post, The Block — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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