StraitsX

StraitsX, founded in 2020 in Singapore as the stablecoin arm of payments company Xfers, issues XSGD and XIDR, the leading regulated Singapore dollar and Indonesian rupiah stablecoins licensed as a Major Payment Institution under Monetary Authority of Singapore oversight. Created by Xfers founders Tianwei Liu and Victor Liew, the platform powers cross-border B2B payments, on-off ramps and DeFi integrations through partnerships with DBS and regional banks. Focused on Southeast Asian compliance and banking rails, StraitsX enables programmable money movement for fintechs and institutions without handling user custody directly. Headquartered in Singapore at Ayer Rajah Crescent, the team bridges traditional finance and on-chain settlement with careful licensing. The culture values regulatory craft, payments reliability and building compliant stablecoin infrastructure for Southeast Asia.