COMPANY detail

STRAITSX
Stablecoin rails for real-world payments

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STRAITSX
Company Overview.
Year Founded 2020
Status Private
Specialties Sstablecoins, Payments
Company Size 51-200 Employees
Industry Financial Services
Location Singapore
Description.

StraitsX is a leading regulated stablecoin infrastructure provider headquartered in Singapore, licensed by the Monetary Authority of Singapore (MAS) under Major Payment Institution (MPI) licences PS20200475, PS20200656, PS20200657, and PS20200658. The company powers compliant, programmable transactions with fiat-pegged stablecoins including XSGD (Singapore Dollar), XUSD (US Dollar), and XIDR (Indonesian Rupiah), having processed over $29 billion in stablecoin transactions across 3.6 million transactions to date. StraitsX provides the foundational infrastructure for institutions, exchanges, and fintechs to build innovative cross-border payment solutions, operating through StraitsX ON—an open network that unifies how value moves across borders and platforms. The company recently joined the Mastercard Crypto Partner Program in March 2026 to further expand its stablecoin-powered payment capabilities.

Beyond stablecoin issuance, StraitsX offers a comprehensive card issuance platform enabling businesses to launch Visa-branded physical and virtual debit cards with stablecoin or fiat backing. Their turnkey infrastructure allows fintechs to launch card programs in 12-14 weeks, significantly faster than traditional licensing paths, with the unique ability to settle transactions in stablecoins for 24/7 liquidity and optimized treasury flows. Trusted by major platforms including RedotPay, Binance, Pionex, Grab, and Chocolate Finance, StraitsX serves as the regulatory and infrastructure backbone for crypto-to-fiat payment solutions across the APAC region

Key Infrastructure.
Stablecoin Issuance MAS-licensed issuance of XSGD, XUSD, and XIDR fiat-pegged stablecoins backed 1:1 by reserves
QR Payments Cross-border QR payment infrastructure connecting e-wallet issuers and network acquirers
Visa Card Issuance Turnkey infrastructure for launching branded Visa debit cards with stablecoin or fiat backing
StraitsX Swap Instant stablecoin-to-stablecoin swaps with live rate updates across supported blockchains
Accept and Send Platform enabling instant movement of fiat or stablecoins for businesses and consumers
BIN Sponsorship Visa BIN sponsorship enabling clients to launch card programs without independent licensing
Additional Features.
Mastercard Partnership
Joined Mastercard Crypto Partner Program in March 2026 for expanded payment capabilities
Apple Pay & Google Pay
Mobile wallet provisioning with advanced tokenization for instant digital wallet usage
12-14 Week Launch
Accelerated card program launch timeline compared to multi-year traditional licensing
Real-time Controls
Customizable spending limits and transaction tracking with dynamic card management
Stablecoin Settlement
Real-time settlement in stablecoins enabling 24/7 treasury liquidity for card transactions
MAS Compliance
Built-in customer screening and transaction monitoring for regulatory compliance
Disclaimer: For educational purposes only. TODEY is not a financial advisor. No-KYC rules vary by country — users must assess project risks and always do their own research.

GENERAL Questions.

What does this company do?
StraitsX provides regulated stablecoin infrastructure (XSGD, XUSD, XIDR) and card issuance platforms enabling fintechs and crypto businesses to launch Visa debit cards with stablecoin or fiat backing, settling transactions in stablecoins for 24/7 liquidity.
Who are their main clients?
Crypto exchanges (Binance, Pionex), crypto card providers (RedotPay), fintech platforms (Chocolate Finance), and institutions seeking stablecoin-powered payment solutions across APAC.
Are they licensed?
Yes, licensed by the Monetary Authority of Singapore (MAS) under Major Payment Institution (MPI) licences PS20200475, PS20200656, PS20200657, and PS20200658.
What blockchains/stablecoins supported?
Three stablecoins: XSGD (Singapore Dollar pegged), XUSD (US Dollar pegged), and XIDR (Indonesian Rupiah pegged). Multi-chain support for stablecoin transfers.