OKX SG, the Singapore-based unit of OKX, said it is bringing the crypto exchange’s integrated payments service, OXK Pay, to the city-state through a stablecoin-powered scan-to-pay service tie-up with Southeast Asia’s “everyday everything” app, Grab.
OKX SG, which received a major payment institution license from the country’s central bank just over a year ago, will work with crypto infrastructure provider StraitsX to allow customers to pay for everyday expenses using the two largest U.S. dollar-pegged stablecoins, USDT, issued by Tether, and USDC, issued by Circle Internet (CRCL).
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>
Trending: BREAKING: Over 100,000 Federal Workers RESIGNED Today!
Sign me up
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!