OKX Expands Crypto Payment Reach in Singapore Through Grab Integration

In a significant development for cryptocurrency adoption in Southeast Asia, OKX SG has successfully integrated its OKX Pay service with Grab's widely-used super app, marking a major milestone in stablecoin-powered payment solutions. This strategic partnership, announced in late 2025, enables users to seamlessly spend USDT and USDC at merchants across Singapore through simple QR code scanning. The integration represents a substantial advancement in bridging the gap between traditional digital payments and cryptocurrency transactions, leveraging Grab's extensive merchant network and user base. This move follows OKX SG's acquisition of a major payment institution license from Singapore's central bank in 2023, demonstrating the company's continued commitment to regulatory compliance and financial innovation. The service is powered by StraitsX, a prominent crypto infrastructure provider that already supports major payment platforms including Alipay+ and regional e-wallets like GCash. This development not only enhances the utility of stablecoins in everyday transactions but also positions Singapore as a leading hub for cryptocurrency innovation and adoption. The partnership between OKX and Grab signals a growing trend of traditional fintech platforms embracing cryptocurrency solutions, potentially paving the way for broader acceptance of digital assets in mainstream commerce. As more users gain access to convenient crypto payment options through familiar platforms like Grab, the barriers to cryptocurrency adoption continue to diminish, creating new opportunities for both merchants and consumers in the digital economy.

OKX SG Launches Stablecoin-Powered Scan-to-Pay via Grab Partnership

OKX SG, the Singapore-based arm of crypto exchange OKX, has integrated its OKX Pay service with Grab's ubiquitous app, enabling users to spend USDT and USDC at merchants via QR codes. The move follows OKX SG's major payment institution license from Singapore’s central bank in 2023.

StraitsX, the crypto infrastructure provider facilitating the service, already supports Alipay+ and regional e-wallets like GCash. Stablecoins are gaining traction in Asia for everyday transactions, offering lower fees and faster settlements than traditional banking rails.

"This bridges digital assets with real-world utility," said OKX SG CEO Gracie Lin, highlighting use cases from coffee purchases to restaurant bills. The partnership signals accelerating institutional adoption of stablecoins in Southeast Asia's payment ecosystems.

OKX Restricts Pi Coin Withdrawals Amid Unresolved User Access Issues

OKX, one of the largest cryptocurrency exchanges, has imposed restrictions on Pi Coin withdrawals, leaving users unable to access their tokens. The platform has not provided clarity on whether the issue stems from technical glitches, KYC verification hurdles, or liquidity constraints.

Market observers speculate the MOVE could be an attempt to curb selling pressure and stabilize Pi's price. This marks the second such incident in 2025, following a similar 24-hour withdrawal suspension in February. Neither OKX nor the Pi Network team has issued an official statement addressing the current disruption.

The timing coincides with the PI Network Domain auction's September 30 deadline, adding fuel to community concerns about platform reliability during critical ecosystem events.