According to CoinMeta, Singapore-based payment service provider dtcpay announced the completion of a $25 million Series A financing round, led by Vertex Ventures Southeast Asia and India. SBI Group, Genedant Capital, and Guo Lingde also participated in the investment. The funds from this financing will be used to expand stablecoin payment products, merchant networks, and market presence in regulated regions, as well as to upgrade the enterprise service portal and consumer application features.