Stablecoin payment platform StraitsX has raised $10 million in funding from UQPAY and Japan's NTT DOCOMO. The investment aims to accelerate Web3 adoption and expand stablecoin usage in real-world financial transactions across Asia. StraitsX plans to develop infrastructure that integrates fiat payment networks with the Web3 ecosystem, focusing on real-time settlement APIs, cross-border payments via on-chain channels, and stablecoin card issuance in partnership with RedotPay and VISA.
StraitsX Secures $10M to Enhance Web3 Payments in Asia
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.