GRAB AND STRAITSX PLAN UNIFIED STABLECOIN RAIL FOR SOUTHEAST ASIA

Summary from the TLDR Crypto newsletter

Grab has signed an MOU with Singapore-based issuer StraitsX to explore a Web3 settlement layer that would embed a stablecoin wallet inside the Grab app, letting users hold and spend tokens like XSGD and XUSD, and enabling merchants to accept programmable, onchain payments across eight Southeast Asian markets.