USD bank transfer now available for all StraitsX Personal and Business accounts users
We are excited to announce the launch of StraitsX Swap, a new feature that allows verified Singapore and international StraitsX Personal and Business Account holders to easily swap between stablecoins with just a few clicks within their account dashboard. StraitsX Swap is fee-free and allows near-instant execution of trades between XSGD and USDC.
We are excited to share that StraitsX Personal Account signups are now open to users beyond Singapore and Indonesia. Users across the globe will now have access to interact and transact in the world of stablecoins such as XSGD and USDC, across different DeFi protocols.
StraitsX Indonesia provides a suite of solutions for Indonesian users looking to receive XIDR, the StraitsX Rupiah stablecoin, in their StraitsX account. The new methods include bank transfers, QRIS, and retail payments, providing users with greater flexibility and convenience.
We are pleased to announce that XSGD trading pairs are now also available on Coinstore, following the platform’s addition of XIDR trading pairs earlier this month. Coinstore users may start depositing and trading XSGD/USDT or XIDR/USDT pairs on either the ERC-20 or Polygon (MATIC) networks.
Verified StraitsX Indonesia users can now easily convert cash into XIDR using retail payments at popular convenience stores such as Alfamart Group and Indomaret.
We have removed XSGD Daily Holding and Annual Spending limits for all StraitsX Personal accounts.
USDC is now supported on StraitsX Earn. StraitsX Business accounts can begin using the StraitsX Earn function to earn 2% APY on their USDC.
XIDR pair is now available at Coinstore. Coinstore is a Singapore-based digital assets exchange that provides spot and futures markets for trading a wide variety of digital assets.
StraitsX, a part of Southeast Asia digital financial services group, Fazz, a Major Payment Institution in Singapore announced today that it has partnered with Circle Internet Financial, a global financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC), to promote greater access and adoption for USDC by enabling its personal and business account users to deposit and receive
StraitsX APIs are ready-built, developer-friendly solutions to help businesses collect, disburse and reconcile customer funds. Businesses in Indonesia can leverage powerful payments and payouts infrastructure to facilitate fiat and token transactions for their platform.