BitGo Singapore Partners with dtcpay on Regulated Crypto Payments
BitGo Singapore will supply custody and settlement infrastructure to dtcpay as the payment firm shifts to stablecoins. The partnership builds on dtcpay's Metro deal and BitGo's MiCA expansion in Europe.
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BitGo Singapore, the regulated subsidiary of BitGo Holdings (BTGO), has agreed to provide custody and settlement infrastructure to dtcpay as the Singapore-based payment firm pivots to stablecoin-only transactions. The partnership gives dtcpay access to BitGo's technology stack and its Major Payment Institution license from the Monetary Authority of Singapore, which covers digital payment token services and cross-border money transfers.
dtcpay earlier dropped Bitcoin and Ethereum support in favor of stablecoins, citing faster settlement and stable value. That shift led to a deal with Singapore department store Metro, which now accepts USDT, USDC, and WUSD at its registers. The platform also plans to add FDUSD.
BitGo Singapore said dtcpay will use its systems to improve asset protection and payment connectivity as the firm expands internationally. No financial terms were disclosed. The arrangement is part of BitGo's broader regulatory push. The company recently launched MiCA-compliant custody and wallet services in Europe, targeting crypto firms that need compliant infrastructure while they pursue their own licenses.
Both companies said they will explore additional collaboration in infrastructure and network connectivity across regulated digital asset markets.
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