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Stablecoins to Dramatically Cut Cross-Border Fees for Grab Users
The strategic partnership between Grab and stablecoin issuer StraitsX is set to revolutionize regional money movement by dramatically lowering the cost and increasing the speed of cross-border transfers. Currently, StraitsX points out that regional payments remain cumbersome and expensive, an inefficiency Grab plans to eliminate using its newly integrated stablecoin framework.
The core benefit for Grab's massive user base—pending approval in eight key markets—is the ability to send and receive money across borders faster and at a fraction of the traditional cost using #XSGD and #XUSD . For millions of individuals, small businesses, and gig economy workers relying on remittances and regional trade, this shift from traditional, slow banking rails to instant, low-fee stablecoin transfers is transformative. By providing a unified, Web3-powered currency solution, Grab is not just enhancing its app; it’s building critical financial infrastructure that will boost liquidity and fuel economic growth across the entire Southeast Asian digital economy.
The strategic partnership between Grab and stablecoin issuer StraitsX is set to revolutionize regional money movement by dramatically lowering the cost and increasing the speed of cross-border transfers. Currently, StraitsX points out that regional payments remain cumbersome and expensive, an inefficiency Grab plans to eliminate using its newly integrated stablecoin framework.
The core benefit for Grab's massive user base—pending approval in eight key markets—is the ability to send and receive money across borders faster and at a fraction of the traditional cost using #XSGD and #XUSD . For millions of individuals, small businesses, and gig economy workers relying on remittances and regional trade, this shift from traditional, slow banking rails to instant, low-fee stablecoin transfers is transformative. By providing a unified, Web3-powered currency solution, Grab is not just enhancing its app; it’s building critical financial infrastructure that will boost liquidity and fuel economic growth across the entire Southeast Asian digital economy.
Three new stablecoins on the Ripple network! 🌍💥
#xrp #Ripple #XSGD #usdb #Europe
This week, the #XRPL network witnessed the addition of three global stablecoins that enhance its spread and expansion in international markets:
🇪🇺 EURØP (Euro)
A licensed stablecoin backed by the French central bank, compliant with MiCA regulations.
🇸🇬 XSGD (Singapore Dollar)
A stablecoin backed by DBS and Standard Chartered banks, serving Southeast Asia.
🇧🇷 USDB (US Dollar for Brazil)
A stablecoin launched by Braza Group to facilitate cross-border transfers in Latin America.
This step strengthens Ripple's position in the cryptocurrency market, especially with a focus on decentralized finance and international transfers, and demonstrates its ability to attract organized and reliable stablecoins from various countries around the world.
The question for you:
Do you think this step will increase the value and use of #XRP?
📈 Yes, it will increase trust in the network
❤️ Maybe, if expansions continue
📉 No, the market won't be significantly affected
$XRP
#xrp #Ripple #XSGD #usdb #Europe
This week, the #XRPL network witnessed the addition of three global stablecoins that enhance its spread and expansion in international markets:
🇪🇺 EURØP (Euro)
A licensed stablecoin backed by the French central bank, compliant with MiCA regulations.
🇸🇬 XSGD (Singapore Dollar)
A stablecoin backed by DBS and Standard Chartered banks, serving Southeast Asia.
🇧🇷 USDB (US Dollar for Brazil)
A stablecoin launched by Braza Group to facilitate cross-border transfers in Latin America.
This step strengthens Ripple's position in the cryptocurrency market, especially with a focus on decentralized finance and international transfers, and demonstrates its ability to attract organized and reliable stablecoins from various countries around the world.
The question for you:
Do you think this step will increase the value and use of #XRP?
📈 Yes, it will increase trust in the network
❤️ Maybe, if expansions continue
📉 No, the market won't be significantly affected
$XRP
📢 Big News for Stablecoins & Solana! 🚀
StraitsX (licensed by Singapore’s MAS) is bringing its Singapore Dollar‑backed XSGD and US Dollar‑backed XUSD stablecoins to the Solana blockchain in early 2026! 🌐💱
🔹 This move is in collaboration with the Solana Foundation, aiming to use Solana’s high‑speed, low‑fee network for global payments, DeFi, and AI‑driven applications.
🔹 XSGD & XUSD have already processed over $18B in on‑chain volume across multiple blockchains.
🔹 Both stablecoins support the x402 interoperability standard, enabling things like automated payments, on‑chain forex (SGD ↔ USD), AMM liquidity and lending markets.
🔹 If regulatory approval goes through, users in Southeast Asia might soon hold & spend these stablecoins inside apps like Grab.
💡 Why it matters for crypto & Binance Square users:
Stablecoins on Solana could boost liquidity, provide faster settlement options, and open up new DeFi pathways — meaning more efficient trading, payments, and yield opportunities across ecosystems. 🌍🔥
#Stablecoins #XSGD #XUSD #StraitsX #BlockchainNews $SOL
StraitsX (licensed by Singapore’s MAS) is bringing its Singapore Dollar‑backed XSGD and US Dollar‑backed XUSD stablecoins to the Solana blockchain in early 2026! 🌐💱
🔹 This move is in collaboration with the Solana Foundation, aiming to use Solana’s high‑speed, low‑fee network for global payments, DeFi, and AI‑driven applications.
🔹 XSGD & XUSD have already processed over $18B in on‑chain volume across multiple blockchains.
🔹 Both stablecoins support the x402 interoperability standard, enabling things like automated payments, on‑chain forex (SGD ↔ USD), AMM liquidity and lending markets.
🔹 If regulatory approval goes through, users in Southeast Asia might soon hold & spend these stablecoins inside apps like Grab.
💡 Why it matters for crypto & Binance Square users:
Stablecoins on Solana could boost liquidity, provide faster settlement options, and open up new DeFi pathways — meaning more efficient trading, payments, and yield opportunities across ecosystems. 🌍🔥
#Stablecoins #XSGD #XUSD #StraitsX #BlockchainNews $SOL
Big News in the Crypto Space! StraitsX just launched the XSGD stablecoin on the XRP Ledger, bringing
With 14.12M SXGD in supply and over 8 billion on-chain transactions to date, this move strengthens cross-border payments and expands stablecoin use cases across Southeast Asia.
$XRP
is on the move — currently at 2.3682 (+3.54%)!
This is the kind of innovation that drives real adoption.
$XRP
is on the move — currently at 2.3682 (+3.54%)!
This is the kind of innovation that drives real adoption.
StraitsX Raises $10M to Scale Asian Stablecoin Reach
StraitsX has successfully completed a $10 million financing round with lead investor UQPAY and ongoing support from NTT DOCOMO. Participants aim to expand the stablecoin’s infrastructure, enhancing fiat network integration and Web3 ecosystem compatibility.
The development marks a significant expansion effort for StraitsX across the Asian region. The $10 million investment targets building stablecoin assets, anticipating a seamless connection between centralized fiat networks and decentralized ecosystem
Did you know Stablecoins like XSGD have been gaining popularity in Asia, aligning with regional payment networks more than traditional cryptocurrencies.
#crypto #XSGD #MarketRebound #CryptoNewss #BinanceSquareFamily
StraitsX has successfully completed a $10 million financing round with lead investor UQPAY and ongoing support from NTT DOCOMO. Participants aim to expand the stablecoin’s infrastructure, enhancing fiat network integration and Web3 ecosystem compatibility.
The development marks a significant expansion effort for StraitsX across the Asian region. The $10 million investment targets building stablecoin assets, anticipating a seamless connection between centralized fiat networks and decentralized ecosystem
Did you know Stablecoins like XSGD have been gaining popularity in Asia, aligning with regional payment networks more than traditional cryptocurrencies.
#crypto #XSGD #MarketRebound #CryptoNewss #BinanceSquareFamily
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2025-10-26
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