Stablecoin payment startup TransFi announced the completion of $19.2 million in funding, led by Turing Financial Group. This round includes $14.2 million in Series A equity financing and $5 million in committed liquidity financing. The new capital will support TransFi in building cross-border remittance services based on stablecoin settlement channels and serving as an alternative to traditional banking and SWIFT transfer processes, while expanding its liquidity network and obtaining regulatory licenses in more emerging markets.