Singapore-based stablecoin payment infrastructure company Dtcpay completes $10 million Series A funding round.

CoinFeed, March 17th - According to Tech in Asia, Singapore-based stablecoin payment infrastructure company Dtcpay announced the completion of a $10 million Series A funding round, led by Vertex Ventures Southeast Asia & India. The company has obtained an electronic money institution license in Luxembourg to expand its regulated payment services in the European Economic Area. Dtcpay builds stablecoin payment infrastructure for businesses and consumers and has partnered with Visa to launch cards connecting digital and traditional finance. Its platform supports real-time settlement between stablecoins and fiat currencies.