Stablecoin

XSGD

Million

Gains

<div class="key-points-section">Key Points:
 <ul>
 <li>StraitsX secures $10 million funding for stablecoin expansion in Asia.</li>
 <li>Partnership involves UQPAY and NTT DOCOMO.</li>
 <li>Focus on enhancing cross-border payments and API integrations.</li>
 </ul>
</div>
StraitsX, a Singapore-based stablecoin provider, has secured $10 million in funding from UQPAY to expand its regional operations, with ongoing support from NTT DOCOMO, enhancing its cross-border payment capabilities.
The investment underscores confidence in StraitsX's technical roadmap, aiming to strengthen stablecoin payment ecosystems by integrating traditional finance with Web3 innovations across Asia.
StraitsX, a key player in the stablecoin industry, recently announced securing $10 million in <a href="https://www.straitsx.com/blog-post/straitsx-accelerates-asia-expansion-to-advance-web3-payments" rel="noopener noreferrer nofollow">funding</a>. This strategic move comes with backing from UQPAY and continued support from NTT DOCOMO, aiming to enhance regional operations.
<blockquote>
 "This new investment accelerates our mission to bridge stablecoin and fiat payment networks, connecting enterprises, financial institutions, and Web3 ecosystems across Asia," said Tianwei Liu, Co-founder &amp; CEO of StraitsX.
</blockquote>
The funding is set to accelerate StraitsX's initiatives involving API integrations and cross-border on-chain settlements. StraitsX’s CEO emphasized the intention to bridge stablecoin and fiat networks across Asia by collaborating with enterprises.
The impact on the market is expected to be significant, particularly in boosting liquidity concerning stablecoins like XSGD and XUSD. Increased activity in cross-border transaction settlements is anticipated with this funding injection.
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The allocated funds will drive enhanced card issuance partnerships. This move signals confidence from Asian financial entities in StraitsX’s roadmap and regulatory adherence.
The incorporation of multi-chain settlement features supports broader ecosystem integration. Existing stablecoins, such as XSGD and XUSD, will benefit from this expansion, as noted by recent investments in comparable entities.
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Historical precedents from entities like Circle suggest increased TVL and liquidity in the <a href="https://www.straitsx.com/" rel="noopener noreferrer nofollow">DeFi space</a>. Regulatory adherence continues as StraitsX operates under Singapore's MAS licensing. <a href="https://coinwy.com/straitsx-10-million-stablecoin-expansion/" rel="noopener noreferrer nofollow">Read original article on coinwy.com</a>

StraitsX Gains $10 Million for Stablecoin Expansion

Coinwy

Other articles published on Oct 26, 2025

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