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. 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…

Key takeaways

Quick scan — what you need to know:

• 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.
• 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. 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.

Background

What led here, in plain terms:

• 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.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• 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.
• 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. StraitsX, a Singapore-based company, has seen rapid growth in its