Funding aims for U.S. Market expansion: Akshay Naheta is negotiating a minority stake sale in Distributed Technologies Research (DTR) to fund market expansion, particularly into the U.S. This comes amid growing interest in stablecoins, underlined by the recent acquisition of Bridge for 1.1 billion USD.
DTR targets 100 countries next year: Currently operational in over 40 countries, DTR aims to process stablecoin payments in over 100 countries by 2025, managing billions in transactions. This expansion reflects the increasing demand for stablecoin payment solutions in global finance.