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Stablecoin payments go 'invisible' in Southeast Asia as crypto card business surges
CoinDeskabout 4 hours ago4 min readT1

Stablecoin payments go 'invisible' in Southeast Asia as crypto card business surges

StraitsX's rapid growth in stablecoin card transactions and issuance highlights a significant trend in Southeast Asia's payment landscape, indicating increasing adoption of crypto for everyday purchases. The company's strategy to make stablecoin settlement 'invisible' suggests a maturing market where user experience and seamless integration are paramount for broader adoption. StraitsX's upcoming launch of XSGD and XUSD on the Solana blockchain, supporting the x402 standard for micropayments, signals a push towards more efficient and embedded payment solutions. The expansion into cross-border corridors with Thailand and planned rollouts in Japan, Taiwan, and Hong Kong demonstrate a strategic effort to scale stablecoin payment infrastructure across Asia.

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