Ant International, Grab, and StraitsX have announced a collaborative effort to explore the potential application of Purpose Bound Money (PBM) in cross-border payments. PBM is a protocol that specifies the conditions upon which an underlying digital currency can be used and first introduced by MAS… Read More
Read more in: Fintech, Asia | Tagged fintech, grab, payment, singapore, straitsx
Payments Fintech Wirex has added another stablecoin to its platform. According to Wirex, XSDG, a Singapore dollar backed stablecoin is now available alongside other popular stablecoins. Currently, Wirex offers six stablecoins; STASIS EURO (EURS), True (TUSD), USD Coin, (USDC), Tether (USDT), USDP, and now XSGD…. Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged aymeric salley, dmitry lazarichev, pavel matveev, singapore, stablecoins, straitsx, wirex
Zilliqa, a “high-performance” and “high-security” blockchain or distributed ledger tech (DLT)-based platform, recently revealed that it has chosen Singapore’s digital currency custody service, Onchain Custodian, to secure its network’s assets. As mentioned in a release shared with CI: “In working with the firm, the Zilliqa… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged alexandre kech, amrit kumar, aymeric salley, crypto custody, crypto-assets, digital assets, distributed ledger technology, dlt, lloyds of london, onchain custodian, singapore, southeast asia, stablecoins, straitsx, xfers, xsgd, zilliqa
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