TYLT Secures $5.3 Million in Funding to Launch Stablecoin Payment Platform in India

17 February 2025 | Monday | News

The crypto payment firm aims to revolutionize digital transactions by introducing a stablecoin-powered payment ecosystem, enhancing financial inclusion and compliance in India's evolving fintech landscape.
Image Source : Public Domain

Image Source : Public Domain

TYLT, a leading crypto payment solutions provider, has successfully raised $5.3 million in a recent funding round to accelerate the launch of its stablecoin-based payment platform in India. The company aims to redefine digital transactions by leveraging blockchain technology to offer a secure, transparent, and efficient payment ecosystem tailored to the country’s evolving financial landscape.

Bringing Stablecoin-Powered Payments to India

As India continues its rapid digital transformation, TYLT is positioning itself at the forefront of blockchain-based financial innovation. The newly secured funding will fuel the development of its stablecoin payment infrastructure, designed to provide businesses and consumers with seamless, real-time transactions while addressing volatility concerns commonly associated with cryptocurrencies.

"Our mission is to enable frictionless digital payments that are faster, more cost-effective, and globally scalable," said [Spokesperson Name], CEO of TYLT. "This funding round validates the growing demand for blockchain-driven financial solutions, and we are committed to building a compliant, stable, and innovative payment ecosystem in India."

Key Features of TYLT’s Upcoming Platform

Stablecoin-Based Payments – Facilitates instant transactions with price stability, making digital payments more predictable and accessible.
Enhanced Financial Inclusion – Enables seamless cross-border transactions and financial services for underbanked populations.
Regulatory Compliance & Security – Designed to align with India's evolving crypto regulations, ensuring robust security and transparency.
Merchant Integration – Businesses can accept and process stablecoin payments with ease, reducing transaction costs and settlement times.

Accelerating Adoption of Blockchain Payments

TYLT’s move to establish a stablecoin payment ecosystem comes at a time when digital finance in India is witnessing exponential growth. With government and regulatory bodies exploring digital currencies, the company sees an opportunity to bridge traditional finance with blockchain innovations while adhering to compliance frameworks.

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