StraitsX has opened onboarding for digital payment token providers across more than 100 markets through an expanded card-issuing architecture developed with Visa. Integration documentation published on 26 October 2026 describes a multi-BIN model that combines issuing sponsorship, transaction authorization, compliance screening and fiat clearing. The approach lets participating providers build stablecoin-backed card products while merchants continue to receive conventional fiat payments through Visa’s network. StraitsX says its card gross transaction value rose 40-fold year on year from Q4 2024 to Q4 2025, while cards issued across Asia increased 83-fold. On-chain issuer telemetry recorded monthly card transaction volume of $310 million to $438 million through October 2026. The company’s stated $6 billion annualized card transaction figure is distinct from its cumulative $70 billion in processed stablecoin volume. StraitsX and Visa have also scheduled demonstrations of agentic payments for November 2026.
StraitsX and Visa are expanding their stablecoin-backed card issuing partnership to more than 100 markets. The framework is designed for fintechs, digital wallet providers and Digital Payment Token service providers that want cardholders to spend from stablecoin balances. Merchants would receive payments through traditional card rails, without needing to accept cryptocurrency. Eligible programs will have access to Visa’s network of more than 175 million merchant locations. StraitsX recorded more than US$6 billion in annualized card gross transaction value across its Asian stablecoin-backed card programs before the planned expansion. The framework includes transaction monitoring and screening tools aimed at anti-money laundering and countering the financing of terrorism risks. No market-by-market launch schedule or launch clients have been announced. Live deployments will depend on regulatory approvals in each jurisdiction and Visa network certification, so the partnership’s geographic scope should not be read as immediate card availability in every market.