MetaComp, a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) services and Cross-border Money Transfer services, has announced the launch of StableX, the next-generation infrastructure platform purpose-built for cross-border FX payments powered by stablecoins. Developed for cross-border merchants, institutions, payment service providers, fintechs, and global businesses, StableX enables always-on access to foreign exchange with the speed, cost-efficiency, and reliability required in today’s digital-first economy. StableX enables institutions to move money across borders more efficiently through stablecoin-powered FX rails that offer real-time execution, reduced friction, and continuous access to liquidity. “Legacy infrastructure has carried the industry far, but today’s businesses need more agility”, says Mr Eddie Hui, Co-President and Chief Operating Officer of MetaComp. “StableX bridges that gap by leveraging stablecoins to deliver FX and settlement infrastructure that works in harmony with existing systems, enabling institutions and platforms to scale global flows with confidence.”
