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

StraitsX, a Singapore-based company, has seen rapid growth in its stablecoin card program, with a 40x surge in transaction volume and an 83x increase in card issuance between 2024 and 2025.

When a tourist from Bangkok taps to pay in Singapore using their Thai e-wallet, few stop to consider what powers that transaction.
But for Singapore-based StraitsX, the company behind the stablecoin infrastructure running in the background, that seam… [5559 chars]

Source: CoinDesk | Published: 2026-03-29T19:00:00Z

Credit: CoinDesk

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