--- title: "Stablecoin payments go 'invisible' in Southeast Asia as crypto card business surges" type: "News" locale: "en" url: "https://longbridge.com/en/news/280919037.md" description: "StraitsX, a Singapore-based company, has experienced significant growth in its stablecoin card program, with a 40x increase in transaction volume and an 83x rise in card issuance from 2024 to 2025. The company supports stablecoin-backed cards for partners like RedotPay, which processed over $2.95 billion in card volume in 2025. StraitsX aims to make its stablecoin layer invisible and plans to expand in Southeast Asia, enabling machine-to-machine micropayments on the Solana blockchain with its upcoming stablecoins, XSGD and XUSD." datetime: "2026-03-29T19:35:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280919037.md) - [en](https://longbridge.com/en/news/280919037.md) - [zh-HK](https://longbridge.com/zh-HK/news/280919037.md) generator: "portal-rs" --- # Stablecoin payments go 'invisible' in Southeast Asia as crypto card business surges - StraitsX, a Singapore-based company, has seen rapid growth in its stablecoin card program, with a 40x surge in transaction volume and an 83x increase in card issuance between 2024 and 2025. - The company's infrastructure powers stablecoin-backed cards for partners like RedotPay, which processed over $2.95 billion in card volume in 2025, and enables seamless transactions in local currency. - StraitsX aims to make its stablecoin layer invisible, with plans to expand its presence in Southeast Asia and beyond, and to enable machine-to-machine micropayments on the Solana blockchain with its upcoming stablecoins, XSGD and XUSD. ### Related Stocks - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [HSDT.US](https://longbridge.com/en/quote/HSDT.US.md) - [S20.SG](https://longbridge.com/en/quote/S20.SG.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md) - [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md) - [BLCN.US](https://longbridge.com/en/quote/BLCN.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) ## Related News & Research - [Coinbase director Marc L Andreessen disposes of 13,676 shares worth $2.48 million](https://longbridge.com/en/news/298640013.md) - [MoneyGram launched a Visa card that spends USDC. Ripple’s former partner chose Circle](https://longbridge.com/en/news/298806699.md) - [Coinbase Stock (COIN) Falls as Morgan Stanley Says Firm 'Remains Meaningfully Exposed to the Crypto Cycle'](https://longbridge.com/en/news/298568629.md) - [Chainlink: World prediction market launch on Solana uses Chainlink resolution - 09 Sep 2026](https://longbridge.com/en/news/298470446.md) - [Coinbase Global Maps ‘Everything Exchange’ Push at Citi Conference](https://longbridge.com/en/news/298713207.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**