StraitsX
StraitsX partners with RedotPay and Visa to advance digital asset payments
StraitsX, a Singapore-based digital asset infrastructure provider, has partnered with Hong Kong-based cryptocurrency payment firm RedotPay and global payment firm Visa to advance digital asset payments.
February 11, 2025
Ant International, Grab, StraitsX collaborate to enable cross border payments with Purpose Bound Money for local merchants
Ant International, Grab, and StraitsX (part of Fazz) have on Thursday announced a collaboration to look into the potential for Purpose Bound Money (PBM) to be applied to cross border payments. If successful, this advancement in cross border payment capabilities will expand PBM use cases with the aim of launching in Singapore in 2024.
November 17, 2023
Singapore’s StraitsX gets approval to issue single-currency pegged stablecoins
Singapore-based digital asset platform StraitsX has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) as major oayment institutions licensed for digital payment token services, for the purpose of issuing XSGD and XUSD respectively.
November 16, 2023
News,Blockchain / Crypto,Singapore,Indonesia
Singapore digital asset platform StraitsX launches rupiah-denominated stable coin
StraitsX has launched the StraitsX Indonesian Rupiah (XIDR), its second stablecoin in Southeast Asia (SEA). Each XIDR token is fully-backed by one Indonesian Rupiah and will be supported by partners in the StraitsX ecosystem.
November 23, 2021
News,SEA,Blockchain / Crypto,Singapore,FinTech
Xfers’ digital assets platform StraitsX hits $1.48B in transactions in 2021
Adding on to this announcement is the unveiling of StraitsX’s new platform and identity. The new StraitsX platform features a redesigned and streamlined user interface to enable faster and more efficient navigation.
October 11, 2021