MetaComp Unveils StableX for Cross-Border Payments
Singapore-based MetaComp has launched StableX, a cross-border FX payment platform powered by stablecoins such as $USDT and $USDC. Designed to facilitate faster, cost-effective global transactions, StableX leverages MetaCompâs Client Asset Management Platform (CAMP) to streamline high-volume FX trades for institutional clients. Initially supporting USD and stablecoins, the platform plans to add more currencies, including FDUSD, PYUSD, and WUSD, as adoption grows. MetaCompâs co-president Tin Pei Ling stated that the platformâs intelligent routing engine selects optimal payment rails based on speed, cost, and settlement certainty. As regulatory clarity improves in Singapore and beyond, MetaComp aims to position StableX as a reliable solution for businesses seeking to bridge fiat and digital assets seamlessly.
@BiVacatio when our algorithms and on-chain indicators start to signal a market peak, we will start to exit into USDC.