According to the company, dtcpay’s $10 million Series A and Luxembourg electronic money institution license support its push to offer regulated stablecoin payment services across the EEA.
Singapore-based stablecoin payments firm dtcpay completed a $10 million Series A led by Vertex Ventures Southeast Asia & India. The company also obtained a Luxembourg electronic money institution license, which it said will support the expansion of regulated payment services across the European Economic Area. Dtcpay operates payment infrastructure for real-time settlement between stablecoins and fiat currencies and has a Visa partnership tied to payment cards, linking digital asset payments with traditional payment rails.