StraitsX and Visa Expand Stablecoin Card Issuance
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AI-assisted source synthesis · not an independent investigation.
On October 15, 2026, StraitsX and Visa announced that they would expand stablecoin-supported card issuance capabilities from Asia to more than 100 markets, serving fintech companies, digital payment token (DPT) service providers, wallet operators, and others. The relevant card programs can use stablecoins for card funding and settlement, while consumers pay through the Visa network and merchants do not need to accept stablecoins directly. StraitsX stated that the annualized card GTV of its Asian stablecoin card program has exceeded $6 billion. The company also stated that global expansion must comply with local regulatory and compliance requirements, as well as Visa’s applicable requirements.
AI-written from reports · updated 4 days ago
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- Fintech News SingaporeStraitsX and Visa expand stablecoin card issuing capabilities to more than 100 markets
StraitsX and Visa are partnering to expand stablecoin-supported card issuing capabilities from Asia to more than 100 markets, targeting fintech companies, DPT service providers, and wallet operators, among others. The relevant card programs can use stablecoins for card funding and settlement, while consumers pay through the Visa network and merchants do not need to accept stablecoins directly. StraitsX said its Asian stablecoin card programs have achieved annualized card GTV of more than US$6 billion, and that global expansion must comply with regulatory, compliance, and Visa requirements.
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