As reported by Bijié Wǎng, Grab and Singapore-based stablecoin issuer StraitsX have signed a memorandum of understanding to explore integrating a Web3 wallet into the Grab app and creating a stablecoin-based clearing and settlement layer. This would connect GrabPay merchants with StraitsX partner wallets. Grab has already tested stablecoin payment channels through its merchant network. The MoU with StraitsX indicates Grab is investigating how to embed stablecoin settlements more directly into its consumer wallet and expand beyond Singapore.
Grab and StraitsX Partner to Explore Web3 Wallet and Stablecoin Settlement
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.