Singapore-based StraitsX, the company behind the stablecoin infrastructure, saw its card transaction volume surge by 40 times between Q4 2024 and 2025, according to the company's co-founder and CEO, Tianwei Liu. The number of cards issued increased by 83-fold. This growth is seen as one of the fastest-growing stablecoin card programs in Southeast Asia. The company's strategy is to make the payments invisible, making them more seamless and integrated into applications. By the end of March it is expected to launch its two stablecoins, XSGD and XUSD, on the Solana blockchain, marking the first time both tokens will live natively on a high-speed blockchain.