BitGo Singapore and dtcpay have formed a partnership to support a secure digital asset payment infrastructure for global markets.
Summary
- BitGo Singapore will support the dtcpay digital asset payment network with managed infrastructure and storage tools.
- dtcpay plans to use the partnership to improve the security, performance, and scale of its global payment network.
- The deal follows dtcpay’s stablecoin exchange and BitGo’s broader push into regulated crypto services around the world.
In an announcement on Tuesday, the companies said the agreement will allow dtcpay to use BitGo Singapore’s infrastructure to improve operations, strengthen asset security, and expand the payment network. They did not disclose financial terms.
Meanwhile, BitGo Singapore is a subsidiary of BitGo Holdings, a digital asset infrastructure company listed on the New York Stock Exchange under BTGO. The unit has been licensed by the Monetary Authority of Singapore as a major payment institution for the Digital Payment token service and cross-border money transfer service.
dtcpay is a digital payments company headquartered in Singapore. It claims to be building a licensed payment network that supports real-time payments, competitive pricing, and premium financial services in multiple markets.
dtcpay is to use BitGo managed tools
Under the partnership, dtcpay plans to use BitGo Singapore’s digital asset infrastructure as it builds a global payment network. The companies said the work will focus on stronger operational capabilities, better asset security, and broader payment connectivity.
Angela Ang, managing director of BitGo Singapore, said dtcpay plays a role in “real-world digital asset acquisition.” He said BitGo Singapore’s role is to provide a “secure and regulated infrastructure” as dtcpay expands into new markets.
Alice Liu, founder and CEO of dtcpay, said “trust and compliance are non-negotiable” in digital payments. He said the infrastructure controlled by BitGo Singapore provides dtcpay with a basis to scale its network.
Regulated payments remain focused
The partnership follows dtcpay’s previous move into stablecoin payments. As previously reported by crypto.news, dtcpay said it will stop supporting Bitcoin and Ethereum payments in 2025 and focus on stablecoins for payment services.
That shift was later reflected in retail usage. As crypto.news previously reported, Singaporean department store Metro has partnered with dtcpay to enable stablecoin payments using USDT, USDC, and WUSD, with plans to add FDUSD.
The use of payments in Singapore has also increased. The Triple-A study cited earlier states that crypto ownership will reach 26% by 2024, while 52% of owners have used digital assets to pay for goods and services. That gives payment firms a large geographic base to work with now.
BitGo Singapore’s new partnership adds another layer to that strategy. Instead of focusing only on what assets users can use, companies now focus on storage, payment, compliance, and reliability of the payment network.
BitGo extends the managed service push
BitGo has been expanding its managed infrastructure business into different markets. The company claims to provide storage, wallets, staking, trading, financing, stablecoins, and managed cold storage payment services.
The Singapore agreement also follows BitGo’s European compliance push. As reported today, BitGo has launched a MiCA-compliant infrastructure for European crypto companies facing the EU licensing deadline.
That service allows eligible firms to use BitGo’s managed storage and wallet infrastructure while continuing to seek their licenses. The company positioned the offering as a way to help firms continue to operate under strict regulations.
The dtcpay deal is broadly equitable. BitGo provides a regulated infrastructure, while payment firms and crypto companies use that infrastructure to serve customers in markets where licensing and asset security are important.
BitGo Singapore and dtcpay also said they plan to explore more work together. Future areas may include infrastructure, connectivity, and ecosystem partnerships across regulated digital asset markets.
