StraitsX Lands $10M Investment from UQPAY to Fuel Asian Stablecoin Growth
Expanding Stablecoin Capabilities in Asia
The newly acquired capital will be strategically deployed to enhance StraitsX’s existing stablecoin-to-fiat infrastructure. A key focus will be on launching multi-currency APIs and card programs to further integrate stablecoins into the region’s financial ecosystem. StraitsX envisions stablecoins playing a pivotal role in Asia’s financial future, effectively bridging the gap between the emerging world of Web3 and established traditional finance systems. The funding round also saw continued support from NTT DOCOMO, Japan’s leading mobile and digital services provider, emphasizing the growing synergy between innovative financial technologies and established institutional players in the Asian digital payments landscape.
This investment positions StraitsX to accelerate the adoption of stablecoins as a viable and efficient payment method throughout Asia, fostering greater financial inclusion and innovation within the region’s burgeoning digital economy.
Keywords
Related Keywords: StraitsX, UQPAY, stablecoin, Asia expansion, 10M funding, cryptocurrency, digital assets, blockchain, fintech, Southeast Asia
