Singapore FinTech Association accepts stablecoin payments for membership fees

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The Singapore FinTech Association (SFA) has begun accepting stablecoin payments for membership fees through Triple-A. Existing members and new applicants can pay using supported digital wallets. Triple-A converts the stablecoins into Singapore dollars and settles the funds directly with SFA; SFA does not hold or process digital assets. Triple-A holds a Major Payment Institution licence issued by the Monetary Authority of Singapore (MAS).