Singapore — Licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution (MPI), dtcpay has built its reputation on bridging traditional financial systems with onchain payments. Now, the company is deepening that mission through a strategic partnership with WalletConnect, the global standard for wallet-to-app connectivity.
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The collaboration is a first for WalletConnect in Asia, making dtcpay its inaugural MPI partner in the region. With Asia among the fastest-growing markets for digital payments and stablecoin adoption, this partnership cements WalletConnect’s position as critical infrastructure for the financial internet.
Making Stablecoins Work Like Everyday Money
Through the integration of WalletConnect’s infrastructure, dtcpay will:
Extend stablecoin payments across wallets, apps, and ecosystems, supporting USDC, USDT, and WUSD.
Deliver embedded checkout experiences that make stablecoin transactions as seamless as card payments.
Expand access to onchain payments for enterprises, institutions, and everyday consumers.
According to The State of Onchain Payments 2025 by WalletConnect, only 10% of crypto users today name payments as their preferred use case, with inefficient processes being the biggest blocker. By connecting dtcpay’s regulated payment rails with WalletConnect’s encrypted infrastructure, the two companies are targeting exactly that friction point.
Already, stablecoins account for 72% of all payments traffic across the WalletConnect network, with USDC (38%) and USDT (34%) leading the charge. This reinforces their role as the settlement layer for both retail and institutional activity.
“Stablecoins are already proving to be one of crypto’s most important real-world use cases, and dtcpay shares our vision of making them mainstream. By connecting wallets, merchants, and consumers through trusted infrastructure, we’re accelerating the shift from experimental to essential in how the world transacts.”
Jess Houlgrave, CEO of WalletConnect
Building Trusted Infrastructure at Scale
dtcpay, licensed under Singapore’s Payment Services Act, has long focused on bringing regulated Digital Payment Token (DPT) services into mainstream financial channels. Its approach is to empower businesses and individuals with digital payment tools that are as trusted and intuitive as legacy systems.
On the other side, WalletConnect — founded in 2018 — has become the connectivity layer of Web3, enabling secure wallet-to-app connections across ecosystems like Ethereum, Solana, and Bitcoin. With over 350 million wallet-to-app connections to date, supporting 50M+ users across 70,000 apps and 700 wallets, it’s already trusted by leaders including Fireblocks, Ledger, Robinhood, Binance Wallet, and Gemini Wallet.
Together, the two firms aim to close the gap between institutional-grade infrastructure and everyday usability.
“Partnering with WalletConnect allows us to deliver secure and seamless stablecoin payments at global scale. Together, we are making onchain payments as intuitive and trusted as card payments, while opening new possibilities for merchants, institutions, and consumers worldwide.”
Band Zhao, Group Chairman of dtcpay
By embedding WalletConnect’s global connectivity with dtcpay’s regulated payment platform, this partnership signals a turning point — bringing stablecoin payments from niche experimentation into the heart of daily commerce.
