Home Stablecoin Payments Go ‘Invisible’ In Southeast Asia As Crypto Card Business Surges

Stablecoin Payments Go ‘Invisible’ In Southeast Asia As Crypto Card Business Surges

By Kapil RajyaguruMarch 30, 2026, 10:00 AM1 Mins read205 Views

Stablecoin Payments Go 'Invisible' In Southeast Asia As Crypto Card Business Surges

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StraitsX, a Singapore-based company, has seen rapid growth in its stablecoin card program, with a 40x surge in transaction volume and an 83x increase in card issuance between 2024 and 2025.

The company’s infrastructure powers stablecoin-backed cards for partners like RedotPay, which processed over $2.95 billion in card volume in 2025, and enables seamless transactions in local currency.

StraitsX aims to make its stablecoin layer invisible, with plans to expand its presence in Southeast Asia and beyond, and to enable machine-to-machine micropayments on the Solana blockchain with its upcoming stablecoins, XSGD and XUSD.

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Written by

Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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