SWIFT USD rails, instant XUSD settlement.
.avif)
Frequently Asked Questions
What is StraitsX ON?
StraitsX ON is our open, interoperable network that unifies StraitsX's full-stack enterprise solutions for stablecoin-native payments, including Card Issuance, Dedicated Virtual Accounts (DVA), and the StraitsX Payment Network into a connected suite of services.
How does StraitsX ON support enterprise-grade payments?
StraitsX ON offers institutional-grade infrastructure by bridging traditional fiat banking rails with blockchain technology. It enables businesses to utilize named virtual accounts for treasury operations, issue stablecoin-backed Visa cards, and connect to a global QR payment network for cross-border transactions, while remaining substantively compliant with major regulatory frameworks like the MAS SCS Framework.
What are Dedicated Virtual Accounts (DVA) and how do they function?
DVA provides clients with named virtual accounts in their legal entity name, offering plug-and-play access to SWIFT USD banking rails, allowing for 1:1 USD:XUSD conversion, and enable automated COBO (Collections on Behalf of) and POBO (Payments on Behalf of) operations with real-time fund visibility all settled in XUSD to ensure transparent, fast, and highly efficient treasury management.
How does the StraitsX Payment Network facilitate cross-border QR payments?
The StraitsX Payment Network acts as a seamless bridge between digital wallets and merchant acquirers across regions. Utilizing XUSD or XSGD as the underlying medium of settlement provides tourists and local merchants with real-time, transparent FX rates and instant cross-border settlement without disrupting the existing merchant or user experience.
Can my business issue stablecoin-backed cards through StraitsX ON?
Yes. StraitsX provides Visa BIN Sponsorship and card issuing solutions that manage all licensing and compliance. This allows you to scale your GTM strategy across multiple markets through a single issuer, launch 100% custom-branded cards with Apple Pay or Google Pay integration and instant 1:1 fiat to native stablecoin settlement with zero handling fees.
