StraitsX, a company pioneering stablecoin infrastructure, has secured $10 million in funding from UQPAY and NTT DOCOMO to further enhance its capabilities. This investment fuels their expansion within the Asian market, particularly by integrating fiat networks into Web3 ecosystems. By bridging traditional financial systems with decentralized platforms, StraitsX aims to build robust payment networks for the region. The funding aligns with a growing trend of institutional interest in regulated stablecoins, potentially bolstering Asia’s digital payment infrastructure and facilitating smoother transitions between traditional finance and the burgeoning Web3 sector.