85% of StratusX card transactions are under $50… $500 million in monthly payments
Original headline스트레이츠X 카드 거래 85%가 50달러 미만…월 5억달러 결제
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StraitsX, the Singapore-based stablecoin issuer, said stablecoin-linked card transactions on its platform exceed $500 million in monthly spending, with 85% of transactions by count under $50 each. CEO Tianwei Liu disclosed the figures in an NYSE interview published October 29, following an October 15 company statement, citing everyday purchases such as groceries as evidence that stablecoins are moving beyond settlement into daily consumer payments. The data offers a gauge of retail stablecoin adoption in Southeast Asia, where StraitsX issues XUSD stablecoins pegged to regional currencies. Watch for whether card-based stablecoin spending sustains its growth trajectory and whether other issuers report comparable consumer payment volumes.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
StraitsX, Tianwei Liu