StraitsX Partners with UPay to Expand Stablecoin Payments
StraitsX, operator of the regulated XUSD stablecoin, has partnered with crypto payments platform UPay to enable real-world spending of digital assets. The integration will allow StraitsX's stablecoin to be used alongside traditional payment options like Google Pay and Apple Pay within UPay's ecosystem.
UPay's crypto credit card functionality converts digital assets to fiat at point-of-sale, eliminating exchange requirements. The platform also offers crypto-backed loans and interest-bearing accounts, positioning StraitsX's stablecoin for broader utility in digital finance.
This collaboration marks another strategic MOVE for Singapore-based StraitsX, whose XUSD stablecoin is among the most regulated in the market. The partnership leverages UPay's existing merchant network and financial services infrastructure.
