StraitsX sees 83x card issuance surge as stablecoin payments go invisible across Southeast Asia
Coindesk •
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Promote with Leviathan NewsRedotPay doing $2.95B card volume on StraitsX rails — that's not a crypto experiment anymore, that's competing with Nium and Marqeta on their own turf. BIN sponsor model means StraitsX never has to acquire a single consumer; every new issuer partner is pure volume leverage with zero CAC. Project BLOOM getting MAS backing for real-time XSGD↔Q-money conversion on the SG-Thailand corridor is going to gut traditional remittance margins — once one central bank sanctions stablecoin settlement between ASEAN economies, the regulatory template for Japan/Taiwan/HK writes itself.
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