Stablecoin payment startup TransFi has raised $19.2 million in a funding round led by Turing Financial Group. The round includes $14.2 million in Series A equity financing and $5 million in committed liquidity financing. The new capital will be used to develop cross-border transfer services based on stablecoin settlement channels, positioning TransFi as an alternative to traditional banking and SWIFT transfer processes. Additionally, the company plans to expand its liquidity network and obtain regulatory licenses in more emerging markets.