Announcement,Partnership
dtcpay Partners with WalletConnect to Advance Onchain Payments and Stablecoin Adoption
dtcpay, a licensed Major Payment Institution (MPI), has partnered with WalletConnect to enable seamless stablecoin transactions (USDC, USDT, WUSD) across wallets, apps, and merchants — becoming its first MPI partner in Asia.
2 Oct 2025 • 3 mins Read
dtcpay, a licensed Major Payment Institution (MPI), has partnered with WalletConnect to enable seamless stablecoin transactions (USDC, USDT, WUSD) across wallets, apps, and merchants — becoming its first MPI partner in Asia.
Press Release
Singapore, October 1st, 2025 — dtcpay, a licensed Major Payment Institution (MPI), today announced a strategic partnership with WalletConnect , the connectivity layer for the financial internet. The collaboration will accelerate the adoption of secure, frictionless onchain payments and reinforce dtcpay’s role in shaping the next generation of onchain finance.
This partnership also marks a milestone for WalletConnect, as dtcpay becomes its first Major Payment Institution (MPI) partner in Asia. This further cements WalletConnect’s role as critical infrastructure for onchain finance and a key player in one of the fastest growing regions for payments and stablecoin adoption.
Through the integration of WalletConnect, dtcpay will:
- Make stablecoin payments universally accessible across wallets, apps, and ecosystems, supporting: USDC, USDT, WUSD.
- Deliver trusted, embedded checkout experiences for merchants and consumers, in stablecoin transactions.
- Expand access to onchain payments for enterprises, institutions, and retail users.
According to The State of Onchain Payments 2025, published by WalletConnect, payments are fast emerging as crypto’s breakout use case. Yet only 10% reported payments as their preferred use case today, with many citing inefficient processes as the blocker; the WalletConnect and dtcpay partnership addresses this issue.
Stablecoins already account for 72% of payments traffic across the WalletConnect network, with USDC (38%) and USDT (34%) dominating, underscoring their role as the de facto settlement layer for both retail and institutional flows.
WalletConnect provides institutional-grade onchain access with end-to-end encryption, never exposing private keys, taking custody, or introducing asset flow risk. Today, it powers billions in transaction volume across the ecosystem and is trusted by industry leaders including Fireblocks, Ledger, Robinhood, Blockchain.com, OKX Wallet, Binance Wallet, and Gemini Wallet.
This partnership underscores the shared vision of dtcpay and WalletConnect to build trusted, scalable infrastructure for the financial internet, bridging traditional payment systems with onchain technology.
“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
“Recent developments in stablecoins represent a watershed moment for crypto. 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
WalletConnect has become a recognized standard in crypto connectivity, with 350M+ wallet-to-app connections, and supporting 50M+ users across 70,000+ apps and 700+ wallets. This milestone reinforces dtcpay’s commitment to bridging Web2 and onchain payments, empowering businesses and consumers with secure, efficient, and globally connected financial infrastructure.
About dtcpay
dtcpay is a regulated Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) to conduct Digital Payment Token (DPT) services and other payment services under the Payment Services Act (PSA). As a leading provider of digital payment solutions, dtcpay integrates DPT acceptance into traditional financial systems, empowering individuals and businesses to embrace the future of payments.
About WalletConnect
WalletConnect, founded in 2018 is the connectivity layer for the financial internet, enabling seamless, encrypted connections between wallets and applications across ecosystems like Ethereum, Solana, Bitcoin and more. WalletConnect is used by traditional enterprises, custodians, institutions and onchain applications and wallets.
