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StraitsX Charges Into Asia: Web3 Payment Revolution Accelerates Across Markets

StraitsX Charges Into Asia: Web3 Payment Revolution Accelerates Across Markets

Published:
2025-10-23 09:00:00
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StraitsX Accelerates Asia Expansion to Advance Web3 Payments Connectivity

Digital payment rails are getting a blockchain-powered upgrade across Asia-Pacific.

The Infrastructure Push

StraitsX isn't just expanding—they're building the financial highways that will connect traditional finance with decentralized ecosystems. Their aggressive Asian rollout positions them as the potential SWIFT for the crypto generation.

Bridging Traditional and Digital

While legacy banks still debate blockchain adoption, payment processors are quietly building the infrastructure that will eventually bypass them entirely. The race to dominate Web3 payments isn't about technology—it's about controlling the flow of value across borders.

Because nothing disrupts like avoiding the 3% cross-border transaction fees that traditional finance has been charging for decades.

Expanding a Regional Settlement Network

Building on milestones over the course of the past year, including the listing of XUSD and XSGD on major exchanges, such as Coinbase, and the launch of OKX Pay, the first stablecoin-powered scan-to-pay service in Singapore, StraitsX is set to further strengthen its multi-currency payment framework across three key pillars:

  • Enterprise APIs: Expand institutional-grade APIs that enable seamless and affordable on- and off-ramps between stablecoins and fiat currencies for enterprises and financial institutions. These APIs support real-time settlement and treasury operations, allowing enterprises to integrate regulated stablecoins like XUSD into existing financial workflows with confidence.

  • Cross-border payments: Scale programmable, always-on settlement corridors that reduce friction and cost in cross-border payments. By leveraging local partners such as PayFazz and its agent network in Indonesia, StraitsX bridges digital and real-world payment networks to power stablecoin-based remittances, cash access, and on-chain settlements across key Asian corridors.

  • Card issuance: Launch virtual and physical card programs that bridge Web3 balances with real-world merchant acceptance, allowing users to spend stablecoins instantly while settling in fiat through compliant networks. Through its partnership with RedotPay and VISA, StraitsX extends the utility of XUSD and other stablecoins for everyday transactions, empowering users to transact globally with stablecoin balances while ensuring real-time conversion, compliance, and transparency across currencies and jurisdictions.

“This marks the start of a new growth chapter for StraitsX,” said Tianwei Liu, Co-founder and CEO of StraitsX. “Over the past few years, we’ve proven that regulated stablecoins can power real-world payments and settlement at scale. With the latest support from UQPAY, which builds on a growing network of strategic partners, we’re expanding that foundation across Asia to deepen cross-border connectivity, enhance on- and off-ramps between stablecoins and fiat, and enable enterprises to MOVE value seamlessly in a trusted and compliant way. This partnership brings us closer to a future where stablecoins are not only the infrastructure for Web3 but the infrastructure underpinning global finance itself.”

“We’re excited to have this opportunity to partner with StraitsX in powering next-generation payment solutions that bridge decentralized finance and traditional finance. With both parties growing footprints across Asian markets, we see strong alignment with UQPAY’s vision in creating seamless, compliant, and borderless payment experiences,” said Jack Li, CEO of UQPAY. “Through our partnership, we seek not only to inject financial support and momentum into our partner StraitsX, but also to further extend UQPAY’s capability boundaries to create greater value and opportunities for our clients and partners. Together, we’re enabling more users to access digital assets through familiar, real-world financial tools and building a fintech ecosystem of collaborative innovation and shared value.”

This new phase advances StraitsX’s long-term roadmap to establish stablecoins as regulated and interoperable infrastructure across global markets. By expanding enterprise connectivity and programmable settlement across Asia’s key financial markets,  StraitsX is laying the groundwork for a unified network that can scale internationally, building toward a financial system where compliant, always-on value exchange becomes a trusted global standard.

About StraitsX

StraitsX is the stablecoin-native settlement layer driving global finance, and a Major Payment Institution licensed by the Monetary Authority of Singapore. As the issuer of XUSD and XSGD stablecoins, StraitsX leverages the power of blockchain and stablecoin technology to drive payments interoperability while offering innovative tools for fund management, stablecoin integration, and cross-border transactions. Partnering with leading financial institutions, global liquidity providers, and payment technology partners, StraitsX delivers cutting-edge payment solutions in a highly regulated and reliable environment, bridging the gap between traditional finance and the digital economy. StraitsX is part of Fazz Financial Group, a leading ecosystem of financial services in Southeast Asia.

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