# StraitsX > Stablecoin rails for real-world payments StraitsX is a stablecoin issuer and payments infrastructure provider regulated in Singapore. It helps fintechs and institutions move money across borders using stablecoins pegged to fiat currencies. StraitsX is a stablecoin issuer and payments infrastructure company that provides regulated rails for cross-border money movement. It issues stablecoins pegged to fiat currencies, including its flagship XUSD, and offers platform tools for card issuance, payment acceptance, and QR-based transfers. The company serves fintechs, financial institutions, and businesses across Southeast Asia that need compliant digital payment infrastructure. The platform addresses the friction of moving value between traditional banking systems and blockchain networks by connecting licensed fiat rails with on-chain settlement. Users can mint, redeem, swap, and transfer stablecoins, while businesses can integrate payment acceptance and card programs through a unified network. StraitsX is licensed and regulated as a payment institution, applying governance, safeguarding, and financial crime controls to its operations. Its offerings span stablecoin issuance, a wallet for buying and selling stablecoins, an over-the-counter desk for high-volume trades, and card issuance infrastructure for partners across the region. StraitsX also operates an open network that connects value transfer across borders and platforms. It is used by crypto-native platforms and traditional institutions seeking compliant stablecoin infrastructure for payments and settlement. - Type: Company - Sector: Payments - Status: Active - Founded: 2021-05-01 - Profile: https://thegrid.id/profiles/straitsx ## Products - [StraitsX Wallet](https://thegrid.id/profiles/straitsx): StraitsX Wallet is a self-custody digital asset wallet for buying, selling, and swapping stablecoins. Users convert between fiat and stablecoins and instantly swap between different stablecoins within a single regulated account, with live rate updates and transaction limits for larger swaps. The wallet serves individuals and businesses seeking liquidity or point-of-sale settlement across supported stablecoins. (Wallet, Live, Main Product) - [StraitsX OTC](https://thegrid.id/profiles/straitsx): StraitsX OTC is an over-the-counter trading desk for high-volume stablecoin transactions. Clients submit a quote request through a dedicated flow and receive negotiated pricing with dedicated support for trades starting at a six-figure minimum. The desk serves institutions and businesses executing large stablecoin trades outside public order books. (OTC, Live) - [StraitsX Card Issuance](https://thegrid.id/profiles/straitsx): StraitsX Card Issuance is a card program infrastructure service enabling businesses to launch stablecoin-backed payment cards. It operates on established card network rails while using stablecoins as the underlying settlement layer, converting transactions into required network currencies through the issuing framework. The service targets businesses seeking to launch branded card programs across Asia backed by digital asset treasury operations. (Card issuance, Live) - [StraitsX Accept and Send (DVA)](https://thegrid.id/profiles/straitsx): StraitsX Accept and Send is a payments infrastructure and orchestration service built around Dedicated Virtual Accounts that bridges SWIFT USD and other fiat rails to stablecoin settlement. Businesses onboard customers to deposit and receive funds through dedicated virtual accounts with instant one-to-one settlement into stablecoins. It serves crypto-native platforms and institutions seeking programmable fund flows, compliance tooling, and liquidity for cross-border operations. (Payments Infrastructure & Orchestration, Live) - [StraitsX QR Payments](https://thegrid.id/profiles/straitsx): StraitsX QR Payments is a payment network enabling scan-to-pay transactions settled in stablecoins or fiat across an interoperable network of e-wallet issuers and merchant acquirers. Businesses connect to the network to accept payments across borders and unlock settlement through stablecoins alongside traditional rails. It targets platforms seeking to expand merchant and wallet acceptance without building bilateral integrations with each provider. (Payment network, Live) ## Assets - [XSGD (XSGD)](https://thegrid.id/profiles/straitsx): XSGD is a Singapore Dollar-pegged stablecoin issued by StraitsX. It is used for cross-border payments, remittances, and settlement, allowing users to move SGD value across multiple blockchains without traditional banking delays. StraitsX operates as a licensed Major Payment Institution under the Monetary Authority of Singapore, providing regulatory oversight for the token's reserves. (Stablecoin) - [XUSD (XUSD)](https://thegrid.id/profiles/straitsx): XUSD is a US Dollar-pegged stablecoin issued by StraitsX, a licensed Major Payment Institution regulated by the Monetary Authority of Singapore. It is used for digital payments, settlements, and remittances across multiple blockchains. The stablecoin supports the x402 standard natively, enabling automated agent-to-agent payments for AI-driven use cases. (Stablecoin) - [XIDR (XIDR)](https://thegrid.id/profiles/straitsx): XIDR is an Indonesian Rupiah-pegged stablecoin issued by PT Xfers StraitsX Indonesia, backed one-to-one by rupiah reserves held in regulated financial institutions. It is used to transfer, spend, and receive IDR value across multiple blockchains without third-party clearing agents. The token was designed to extend financial access to unbanked populations in Indonesia. (Stablecoin) ## Links - [Main](https://www.straitsx.com) - [Privacy policy](https://www.straitsx.com/legal/privacy-policy) - [Terms of Service](https://www.straitsx.com/legal/terms-and-conditions) - [Documentation](https://docs.straitsx.com/docs) - [Blog](https://www.straitsx.com/blog) - [YouTube](https://www.youtube.com/@straitsx.global) - [Facebook](https://www.facebook.com/straitsx) - [Twitter / X](https://x.com/StraitsX) - [LinkedIn](https://www.linkedin.com/company/straitsx) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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