Stablecoin payments company dtcpay has completed a $25 million Series A funding round backed by Japan’s SBI Group, according to Cointelegraph. The company plans to use the capital to expand its merchant network and develop its payment products. The transaction represents a new funding milestone for dtcpay as it seeks to broaden its role in stablecoin-based payments. Details on the round’s valuation, the other participating investors and the precise allocation of the funds were not provided in the supplied information. The announcement is relevant to the wider stablecoin and digital-asset payments market, where payment infrastructure providers are seeking to increase merchant adoption. dtcpay’s next stated priorities are network expansion and product development, while the company’s progress will depend on how effectively it converts the new funding into broader merchant reach and payment services.
