PANews reported on November 18th that Southeast Asian ride-hailing giant Grab and Singapore-based stablecoin platform StraitsX signed a memorandum of understanding to develop a Web3 wallet and stablecoin clearing network for the Asian market. The two companies will work together to integrate the Web3 wallet into the Grab App, enabling GrabPay merchants to accept stablecoins such as XSGD and XUSD, and facilitating cross-border, real-time, and compliant settlements. The system will incorporate smart contracts and on-chain fund management, with all user assets managed in non-custodial wallets, complying with regulatory requirements.PANews reported on November 18th that Southeast Asian ride-hailing giant Grab and Singapore-based stablecoin platform StraitsX signed a memorandum of understanding to develop a Web3 wallet and stablecoin clearing network for the Asian market. The two companies will work together to integrate the Web3 wallet into the Grab App, enabling GrabPay merchants to accept stablecoins such as XSGD and XUSD, and facilitating cross-border, real-time, and compliant settlements. The system will incorporate smart contracts and on-chain fund management, with all user assets managed in non-custodial wallets, complying with regulatory requirements.
Grab and StraitsX signed a memorandum of understanding to jointly build a Web3 wallet and stablecoin settlement network.
PANews reported on November 18th that Southeast Asian ride-hailing giant Grab and Singapore-based stablecoin platform StraitsX signed a memorandum of understanding to develop a Web3 wallet and stablecoin clearing network for the Asian market. The two companies will work together to integrate the Web3 wallet into the Grab App, enabling GrabPay merchants to accept stablecoins such as XSGD and XUSD, and facilitating cross-border, real-time, and compliant settlements. The system will incorporate smart contracts and on-chain fund management, with all user assets managed in non-custodial wallets, complying with regulatory requirements.
Market Opportunity
Ambire Wallet Price(WALLET)
$0.01736
$0.01736$0.01736
USD
Ambire Wallet (WALLET) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
XRP Healthcare® Secures Global Trademark Protection at the Intersection of Healthcare Services and XRP-Powered Payments
Multi-jurisdiction trademark coverage reinforces XRP Healthcare’s position across digital health, pharmacy networks, and XRP-based payment infrastructure DUBAI,
Share
AI Journal2025/12/22 16:30
Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads
The post Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads appeared on BitcoinEthereumNews.com. Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads Skip to content Home Crypto News Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads Source: https://bitcoinworld.co.in/spot-bitcoin-etfs-inflow-5/
Share
BitcoinEthereumNews2025/09/20 12:33
Hong Kong Institute of Certified Public Accountants: Expected to launch accounting and auditing guidelines for virtual assets in the first half of 2026
PANews reported on September 19th that according to Aastocks, the Hong Kong Institute of Certified Public Accountants responded to Hong Kong Chief Executive John Lee's Policy Address, stating that Hong Kong is implementing diverse measures to boost economic development, with innovation and technology becoming a new driver of growth. As the standard-setter for the accounting profession in Hong Kong, the Hong Kong Institute of Certified Public Accountants is developing appropriate guidelines for accounting and auditing related to virtual assets and related matters, with an expected release in the first half of next year. Furthermore, it proposes implementing measures to complement the existing patent box mechanism, including the introduction of an intellectual property financing sandbox and the promotion of intellectual property transactions, to encourage local innovation and technology activities and enhance Hong Kong's competitiveness in related fields. Further development of the digital asset market is also underway.
Share
PANews2025/09/19 09:50