Stablecoin payment startup TransFi announced the completion of a $19.2 million financing round, 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 transfer services based on stablecoin settlement channels and becoming an alternative to traditional banking and SWIFT transfer processes, while expanding its liquidity network and obtaining regulatory licenses in more emerging markets.