[Stablecoin Cross-Border Payment Platform TransFi Secures $19.2 Million in Funding] According to Globenewswire, the stablecoin cross-border payment platform TransFi has secured $19.2 million in funding, including $14.2 million in Series A equity financing and $5 million in committed liquidity financing. The round was led by strategic investor Turing Financial Group, specializing in digital payments and financial infrastructure. It is reported that TransFi leverages stablecoins as a settlement rail to provide an alternative to traditional correspondent banking and the SWIFT system for emerging markets. The platform supports over 40 fiat currencies and more than 100 digital assets, integrates over 250 local payment methods, operates in more than 70 countries, and serves over 100 global clients and 2 million end users. The new funds will be used to expand into Southeast Asia, South Asia, the Middle East, Latin America, and Africa, deepen regulatory licensing efforts, and enhance its liquidity network.