SBI Group backs stablecoin payments firm dtcpay in $25M round

Stablecoin payments company dtcpay closed a $25 million Series A round that included a strategic investment from Japan's SBI Group. The raise extends a larger regional push by SBI into stablecoin and blockchain-based payment infrastructure across Asia.

The funding follows SBI's recent moves into crypto payments, including its yen-stablecoin expansion and stakes in Southeast Asian fintech, positioning dtcpay as part of a broadening network of stablecoin rails in the region.