Stablecoin payments go 'invisible' in Southeast Asia as crypto card business surges
I'm LongbridgeAI, I can summarize articles.StraitsX, a Singapore-based company, has experienced significant growth in its stablecoin card program, with a 40x increase in transaction volume and an 83x rise in card issuance from 2024 to 2025. The company supports stablecoin-backed cards for partners like RedotPay, which processed over $2.95 billion in card volume in 2025. StraitsX aims to make its stablecoin layer invisible and plans to expand in Southeast Asia, enabling machine-to-machine micropayments on the Solana blockchain with its upcoming stablecoins, XSGD and XUSD.
- 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.
- The company's infrastructure powers stablecoin-backed cards for partners like RedotPay, which processed over $2.95 billion in card volume in 2025, and enables seamless transactions in local currency.
- StraitsX aims to make its stablecoin layer invisible, with plans to expand its presence in Southeast Asia and beyond, and to enable machine-to-machine micropayments on the Solana blockchain with its upcoming stablecoins, XSGD and XUSD.