Not all stablecoins are created equal.

This morning on @moneyfm893 Your Money with Michelle Martin, our Head of Commercial Jason Tay discussed why non-USD stablecoins like XSGD are gaining traction in a USD-dominated market, and how Asia is emerging as a hub for responsible stablecoin innovation.

Ranked among the top four non-USD stablecoins globally, $XSGD saw S$1.5B in merchant transactions in H1 2024, driven by increasing institutional adoption and integrations with platforms like Grab and Alipay+.

Stablecoins are evolving beyond trading, powering next-gen financial infrastructure. At @StraitsX, we are proud to be building the foundation for this shift.

#StraitsX #XSGD #Stablecoins #DigitalFinance #PaymentsInfrastructure