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