MetaComp, a Singapore-based Major Payment Institution and Digital Payment Token service provider, has announced a strategic collaboration with Stable, a Layer 1 blockchain optimised for stablecoin adoption. This partnership aims to integrate Stable’s high-throughput StableChain network into MetaComp’s StableX Network, enhancing cross-border payment efficiency and transparency.
The collaboration will see MetaComp leverage Stable’s blockchain, which uses USDT as its native gas token, to enable seamless and cost-effective settlements. This integration is set to expand MetaComp’s reach across Asia, Africa, the Middle East, Europe, and South America, simplifying global fund flows and reducing costs for businesses.
MetaComp’s Co-President, Tin Pei Ling, remarked, “Stablecoins are progressing from speculative tools to becoming increasingly integral to the backbone of global financial infrastructure. With the launch of the StableX Network and this new collaboration with Stable, we are building a regulated, interoperable ecosystem that delivers instant, transparent, and fully compliant settlement for businesses worldwide.”
The partnership also introduces new capabilities for asset conversion and liquidity management, allowing users to convert between USDT0 and XAUt0 tokens. This will be facilitated by Alpha Ladder Finance, MetaComp’s affiliated company, enhancing wealth management solutions.
Additionally, the collaboration will bolster compliance and risk management through MetaComp’s VisionX Engine, ensuring that stablecoin-based fund flows meet regulatory standards. Brian Mehler, CEO of Stable, stated, “MetaComp’s regulated infrastructure and institutional reach complement Stable’s high-performance blockchain network.”
This partnership marks a significant step in advancing the use of stablecoins in global commerce, promising faster and more transparent digital fund flows.
