Stablecoin payments firm TransFi has raised $19.2 million in new funding to scale its cross-border payments platform. The round includes $14.2 million in Series A equity alongside a $5 million liquidity facility, aimed at strengthening operations and expanding reach. The company plans to target key regions including Southeast Asia, South Asia, the Middle East, Latin America and Africa.
TransFi positions its platform as an alternative to traditional banking rails such as SWIFT, using stablecoins to enable faster and more efficient settlements. Its services cover global payroll, remittances, treasury operations and payouts, reflecting increasing demand for blockchain-based financial infrastructure in high-friction markets.
Rapid Growth and Expanding Global Footprint
The firm reported significant growth, with revenue increasing 16-fold since its 2024 seed round and a user base exceeding 2 million. It currently operates in over 70 countries, supporting more than 40 fiat currencies and over 100 cryptocurrencies. The company also expects to process around $5 billion in transaction volume during fiscal year 2026.
Rising Adoption of Stablecoin Payments Worldwide
Industry data indicates stablecoin payment volumes surpassed $350 billion in 2025, highlighting growing real-world usage. Financial firms including Mastercard and PayPal are also expanding their stablecoin initiatives, signaling broader institutional adoption.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.