Grab Embarks on Major Blockchain Expansion: Launches Stablecoin Settlement with StraitsX

Southeast Asia’s largest super-app, Grab, is taking a significant step toward mainstream adoption of blockchain technology by partnering with StraitsX to launch a Web3-enabled settlement platform. This collaboration aims to revolutionize regional digital payments and potentially enable seamless cross-border transactions within the Grab app. The new partnership will allow users to hold and spend stablecoins like XSGD and XUSD directly within the app if regulators approve.