StraitsX, a leader in stablecoin-native settlement, has announced plans to expand its payment network to support real-time, FX-transparent cross-border settlements between Singapore, Thailand, Taiwan, and Japan. This expansion, set to go live in Q2 2026, will integrate with Thailand’s KBank via its Q Wallet and establish regional settlement frameworks in Taiwan and Japan, linking consumer and institutional payment ecosystems.
The initiative aims to create a unified payment corridor across Southeast and Northeast Asia, allowing users to transact with real-time settlement and transparent FX. Key partnerships include KBank and ORBIX Technology, enabling real-time QR interoperability between Thailand and Singapore using XSGD for instant cross-border settlements. This will allow travellers to use familiar applications like Q Wallet or GrabPay, with merchants receiving local currency instantly.
The expansion will also enhance network connectivity with regional wallets in Taiwan and Japan, broadening the reach of stablecoin rails. Tianwei Liu, CEO and Co-Founder of StraitsX, stated, “By embedding XSGD into established consumer rails like GrabPay and Q Wallet by KBank, we’re showing how trusted digital assets can deliver real-time settlement, transparent FX conversion, and interoperability at scale.”
This development marks a significant step in transforming traditional payment corridors into seamless, borderless value exchange networks. The expanded network will support cross-border transactions in XSGD, maintaining compliance with local regulations whilst preserving familiar payment experiences. As Asia leads the charge in stablecoin-powered payments, StraitsX is poised to play a pivotal role in this evolving landscape.
