🌏 StraitsX Expands Stablecoin Payment Network Across Asia by Mid-2026

StraitsX — the Singapore-based digital payments platform — is taking a big leap in connecting Asia through stablecoin-powered payments 💱. The company announced plans to roll out its cross-border payment network across Singapore, Thailand, Taiwan, and Japan by mid-2026 🚀.

The move starts with a partnership with Thailand’s Kasikornbank (KBank) 🇹🇭. Soon, Thai travellers in Singapore will be able to use KBank’s Q Wallet to pay at local merchants that support GrabPay or PayNow — and all payments will settle in Singapore dollars (SGD) via StraitsX’s stablecoin XSGD 💳.

In the next phase (awaiting regulatory approval), Singapore travellers will also be able to pay seamlessly in Thailand using their home wallets, with transactions settled in Thai baht (THB) 🏝️.

StraitsX says this project shows how regulated stablecoins can power instant, transparent, and borderless payments while working smoothly with existing consumer apps 🔄.

By embedding stablecoins like XSGD into daily transactions, StraitsX hopes to make cross-border payments as easy as scanning a QR code — with real-time settlement, clear FX conversion, and lower fees 💡.

This expansion signals growing momentum for stablecoin adoption across Asia, potentially paving the way for a more connected regional financial ecosystem 🌐💪.

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