MetaComp, a Major Payment Institution licensed by Singapore’s Monetary Authority (MAS), has launched StableX—a next-generation platform designed for cross-border foreign exchange (FX) payments using stablecoins.
StableX is tailored for cross-border merchants, financial institutions, fintechs, and payment service providers seeking faster, more cost-effective FX solutions.
By leveraging stablecoins like USDT and USDC, the platform offers 24/7 access to global currency transfers, eliminating the delays and high fees associated with traditional banking rails.
MetaComp Aims to Deliver Scalable, Real-Time FX Infrastructure for the Digital Economy
MetaComp’s goal is to meet the growing demand for real-time, reliable, and scalable FX infrastructure in a digital-first economy.
With this launch, MetaComp is positioning itself at the forefront of stablecoin adoption in institutional cross-border finance, bridging the gap between crypto and traditional financial systems.
Global foreign exchange movement still passes through a convoluted, disjointed network of antiquated systems, despite the fact that over US$7 trillion is transacted every day in foreign exchange markets.
With stablecoin-powered FX rails that provide real-time execution, lower friction, and constant access to liquidity, StableX provides a forward-thinking substitute that makes it possible for institutions to transfer money across borders more effectively.
“StableX was purpose-built for cross-border B2B payments,” said Ms Tin Pei Ling, Co-President of MetaComp.
“It delivers what businesses need most — 24/7 access, real-time execution, and infrastructure they can trust. With StableX, we’re making it faster, more intelligent, and more stable to move money globally — and we’re doing it with the power of stablecoins.”
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StableX Uses Smart Routing to Optimize FX Settlements via Stablecoins or USD
StableX features an intelligent routing engine that optimizes each cross-border transaction by dynamically selecting the most efficient settlement method—either through stablecoins or U.S. dollars (USD).
The engine analyzes cost, speed, and settlement certainty to determine the best rail for each payment, ensuring high performance and efficiency. Currently, StableX supports two major stablecoins: USDT and USDC.
However, the platform is set to expand its asset offerings with the upcoming integration of additional leading stablecoins, including FDUSD, PYUSD, and WUSD.
This flexible routing and growing token support enable StableX to deliver seamless, cost-effective, and scalable cross-border FX transactions tailored to the needs of global enterprises, institutions, and payment service providers operating in a fast-moving digital economy.
StableX Built on MetaComp’s Web 2.5 Core Banking System with Unified API Integration
StableX, MetaComp’s newly launched cross-border FX platform, is built on its proprietary Web 2.5 Core Banking System and integrated through a Unified API Gateway.
It connects directly with MetaComp’s institutional platform, CAMP (Client Asset Management Platform), which offers custody, OTC trading, and payment services. Through CAMP, StableX enables compliant, high-volume FX transactions with efficient settlement and competitive pricing.
It also supports MetaComp’s collection-on-behalf (COBO) and payment-on-behalf (POBO) services, making it a robust solution for global enterprises.
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