SBI Group Backs Dtcpay as Singapore Stablecoin Payments Firm Expands

SBI Group is investing in Singapore-based Dtcpay as the regulated payments company expands its stablecoin merchant network and broadens its product offering across Asia.

Series A Reaches $25 Million

The investment extends Dtcpay’s Series A financing to $25 million. The companies did not disclose the specific size or terms of SBI Group’s investment.

Dtcpay provides regulated payment services that support the use of stablecoins for merchant transactions. Stablecoins are digital assets designed to maintain a relatively stable value, often by being pegged to a fiat currency such as the U.S. dollar.

SBI Deepens Digital Asset Focus

The deal expands SBI Group’s involvement in digital-asset infrastructure and supports its broader push into cryptocurrency and blockchain-related services across Asia.

For Dtcpay, the funding is intended to support the growth of its merchant network and the development of additional products as demand for regulated digital-asset payment services develops in the region.

Focus on Regulated Stablecoin Payments

The partnership comes as financial institutions and payment companies continue exploring stablecoins for cross-border transfers, settlement and commerce. Regulatory compliance remains a central consideration as these services expand into new markets.