Techub News: Stablecoin cross-border payment platform TransFi completed a $19.2 million financing round, comprising $14.2 million in Series A equity financing and $5 million in committed liquidity financing. The round was led by Turing Financial Group, a strategic investor in digital payments and financial infrastructure. TransFi leverages stablecoins as a settlement rail to provide an alternative to traditional correspondent banking and SWIFT systems for emerging markets, supporting over 40 fiat currencies and more than 100 digital assets, integrating over 250 local payment methods, with operations spanning more than 70 countries and serving over 100 global customers and 2 million end users.