Grab and StraitsX aim to boost financial inclusivity and reduce costs in Asia through web3 wallets and stablecoin settlement infrastructure for digital payments.
According to an official statement, Grab has partnered with StraitsX to develop web3 wallets and a stablecoin settlement network across Asia. The integration will enable GrabPay merchants to accept payments in XSGD and XUSD, offering real-time, compliant cross-border settlements via smart contracts and non-custodial wallets. The collaboration is expected to enhance payment efficiency, lower transaction costs, and expand access to digital financial services in the region.