Dtcpay, a Singapore-based stablecoin payment solutions firm, announced Thursday it has secured its Electronic Money Institution (EMI) license in Luxembourg, marking its official expansion into Europe.

Dtcpay said in a statement that its subsidiary dtcpay Luxembourg S.A. has been approved for an EMI license, effective from October 29, 2025, by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, following the Green Light Letter issued in July 2025.

This marks the official activation of dtcpay’s European strategy, with Luxembourg serving as the company’s continental European headquarters and regulatory hub for the European Economic Area (EEA).

The EMI license authorizes dtcpay to provide services across 30 EEA countries, reaching over 450 million consumers and businesses.

“This milestone represents a significant achievement for our team. We are highly appreciative of the expert guidance and thoughtful support provided by the CSSF throughout the application process,” said Alice Liu, Group Chief Executive Officer of dtcpay.

It is noted that dtcpay’s aim is to transform global payments by bridging traditional and digital finance.

For six years, the firm has pioneered regulated stablecoin infrastructure processing real-world transactions and building trusted rails that now accelerate its vision of seamless, sustainable, and inclusive global payments.

With the EMI now active, along with a growing list of licenses and registrations across multiple jurisdictions, dtcpay said it is strategically pre-positioned for MiCA CASP licensing as the next step to expanding its innovative solutions to the European market.

“Our EMI license is the foundation to leverage our proven know-how to build the infrastructure that will power the next decade of European payments integrating stablecoin usage,” said Band Zhao, Group Chairman and Chief Executive Officer of dtcpay Luxembourg.

According to the statement, dtcpay’s selection of Luxembourg reflects a deliberate alignment with the European Union’s pro-innovation, high-compliance framework, enabling the company to serve as a trusted regulated gateway for global fintechs entering Europe.

“I am incredibly excited to announce we are now fully operational and actively expanding our team across compliance, product, and technology engineering,

“I look forward to welcoming the next generation of global talent as we navigate the cutting edge of FinTech and stablecoin adoption,” said Amanda Yeung, Luxembourg Country Manager and European Regional Manager of dtcpay.

Dtcpay partners with WalletConnect to advance onchain payments and stablecoin adoption