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Grab and StraitsX Partner to Launch Web3 Payment System with Stablecoins in Southeast Asia

Grab and StraitsX Partner to Launch Web3 Payment System with Stablecoins in Southeast Asia

Author:

Global Cryptocurrency

Published:

2025-11-18 10:14:02

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BTCCSquare news:

Grab has teamed up with StraitsX to introduce a Web3-based payment solution aimed at transforming cross-border transactions in Southeast Asia. The collaboration will embed a Web3 wallet within the Grab app, enabling users to transact with stablecoins like XSGD and XUSD. This integration promises faster settlement times and reduced fees for merchants.

The MOVE signals growing institutional adoption of blockchain technology for real-world payments. By leveraging stablecoins, GrabPay aims to bypass traditional banking bottlenecks, offering a seamless experience for both domestic and international transactions. The partnership underscores the region's accelerating shift toward digital asset infrastructure.

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