Ride-hailing giant Grab and StraitsX jointly explore building a Web3 wallet and a stablecoin-based settlement layer
ChainCatcher reported that Southeast Asian ride-hailing giant Grab has signed a memorandum of understanding with Singapore stablecoin payment infrastructure provider StraitsX to jointly explore building a Web3 wallet and a stablecoin-based settlement layer in Asia. This collaboration plans to integrate Web3 wallet functionality into the Grab app, enabling users to hold and use stablecoins such as XSGD and XUSD for transactions, while also allowing GrabPay merchants to accept stablecoin payments from both local and overseas consumers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise Solana ETF sees three consecutive weeks of inflows, with total inflows exceeding $580 million
Trending news
MoreAIUSD launches "AI-native currency infrastructure," with 3 million users participating in testing and receiving investment from top Silicon Valley investors and other well-known institutions
A PEPE whale who previously profited over $36 million has purchased 8.93 million ASTER, currently with an unrealized gain of $3.67 million.
Crypto prices
More
