Crypto Payments in Singapore Near US$1 Billion, Fueled by Stablecoin Adoption
Fintech News
SEPTEMBER 11, 2024
Both companies have integrated cryptocurrencies such as Bitcoin, Ether, Singapore’s XSGD stablecoin, and USDT into their payment options, allowing customers to use these assets for everyday transactions like e-wallet top-ups. A key part of this growth is the rise of XSGD, the Singapore dollar-backed stablecoin issued by StraitsX.
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