StraitsX

DeFi Platforms

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This platform facilitates seamless transactions using stablecoins pegged to various fiat currencies, enabling instant money transfers, card issuance, and QR payments. Key features include the ability to swap stablecoins in real-time, support for high transaction volumes, and solid compliance measures, making it ideal for institutions, fintech companies, and exchanges seeking efficient, secure, and scalable payment solutions in a regulated environment.

StraitsX can be found in DeFi Platforms categories.

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Details

StraitsX Main Features

• QRIS
  You will soon be able to use QRIS for payments through various e-wallets and banks.
• XUSD
  XUSD is a stablecoin that is fully backed by USD, making it efficient for transactions.
• Payout API
  You can send and manage payouts through different payment methods.
• On/Off-Ramp
  You can easily buy and sell XUSD with quick identity checks for retail customers around the world.
• Announcement
  The StraitsX OTC desk will be closed for trading on 31st March 2025 for a holiday, and trades involving IDR will not be supported from 28th March to 7th April 2025.
• Payment APIs
  You can accept payments and make payouts using stablecoins and traditional payment methods.
• Bank Transfers
  You can transfer money to digital Singapore dollars and international dollars soon.
• Low-Cost Swaps
  You can swap XUSD with USDC or USDT at a low cost.
• Trusted Issuer
  XUSD is issued by StraitsX, which is regulated by the Monetary Authority of Singapore.
• Business Account
  Business accounts have higher limits and access to all features of personal accounts.
• Personal Account
  Personal accounts let individuals access digital assets and manage their transactions.
• Mint, Redeem, and Swap
  You can transfer money from your bank to create XSGD or XUSD, and you can also convert stablecoins back to cash.
• Multi-chain Compatibility
  XUSD works on both the Ethereum and Binance Smart Chain networks for faster transactions.
• Developer Friendly Solutions
  Developers can use ready-made APIs to manage customer funds easily.
• Connect To Digital Asset Platforms
  You can use XSGD and XUSD with partners in the digital asset ecosystem.

StraitsX Benefits

• Global Access
  XUSD is available worldwide, so anyone can use it for their transactions.
• Cost-Efficient Swaps
  Users can swap between different stablecoins without high fees, saving money.
• Instant Transactions
  With XUSD, users can complete transactions instantly, making it faster to send and receive money.
• Developer-Friendly APIs
  Businesses can use ready-made APIs to handle customer payments and funds easily.
• Seamless Value Transfers
  StraitsX allows quick and easy money transfers between digital and traditional finance.
• Multi-Chain Compatibility
  XUSD works on different blockchain networks, allowing for faster settlements.
• Easy Minting and Redeeming
  Users can easily convert their bank money into stablecoins and back, making it simple to manage funds.
• Advanced Account Management
  Users can manage multiple transactions and accounts in one place, making it more organized.

Who should use StraitsX?

• Investors
  Investors can benefit from stablecoin trading and fast transactions across multiple blockchains.
• Businesses
  Businesses can access higher limits and use APIs to manage customer funds efficiently.
• Developers
  Developers can use ready-built APIs to integrate digital asset solutions into their applications.
• Individuals
  Individuals can easily buy and sell stablecoins like XUSD, making it simple to manage their digital money.
• Retail Customers
  Retail customers can enjoy instant KYC and low-cost swaps for easy transactions.

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