Support from major companies will accelerate StraitsX’s stablecoin-native settlement layer across Asia’s key markets.
Stablecoin-native settlement StraitsX announced the next phase of its Asia expansion, backed by a US$10 million strategic investment from UQPAY, a leading cross-border payments provider, and continued support from existing investor NTT DOCOMO, Japan’s leading mobile and digital-services company.
The partnership marks a significant step in StraitsX’s transition from a Southeast Asian stablecoin pioneer to a multi-market leader in regulated digital payments, strengthening its role as core infrastructure connecting enterprises, financial institutions, and Web3 ecosystems across the region.
“This marks the start of a new growth chapter for StraitsX,” said Tianwei Liu, Co-founder and CEO of StraitsX. “With the support of UQPAY and our growing partner network, we’re deepening connectivity across Asia to make value transfer seamless, compliant, and trusted — bringing stablecoins closer to becoming the foundation of global finance.”
“We’re excited to partner with StraitsX to power next-generation payment solutions that bridge decentralised and traditional finance,” said Jack Li, CEO of UQPAY. “Together, we’re enabling users to access digital assets through familiar financial tools and building a borderless payments ecosystem grounded in compliance and innovation.”
StraitsX will expand enterprise APIs by offering institutions real-time, on- and off-ramps between stablecoins and fiat currencies, scale cross-border payments by building programmable, always-on settlement corridors with local partners, and launch cards by working with RedotPay and VISA on virtual and physical card programmes that let users spend stablecoins.
Building on milestones over the past year, including the listing of XUSD and XSGD on major exchanges such as Coinbase and the launch of OKX Pay, StraitsX is extending its multi-currency framework to bridge stablecoin and fiat networks across the region.
This new phase advances StraitsX’s long-term roadmap to establish stablecoins as an interoperable financial infrastructure.
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