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StraitsX unveils institutional-grade infrastructure for fiat-stablecoin settlement
StraitsX unveils institutional-grade infrastructure for fiat-stablecoin settlement

Finextra

time7 hours ago

  • Business
  • Finextra

StraitsX unveils institutional-grade infrastructure for fiat-stablecoin settlement

StraitsX, the stablecoin-native settlement layer for global finance, today launched Dedicated Virtual Accounts (DVA/+), a next-generation solution delivering compliant USD banking access and real-time stablecoin connectivity to crypto-native institutions. 0 By providing each client with a unique, named virtual account underpinned by institutional-grade compliance, DVA/+ simplifies reconciliation, enhances operational transparency, and bridges the gap between traditional finance and tokenised settlements. As regulators tighten scrutiny and markets demand more transparency, DVA/+ gives exchanges, wallets, and market makers a critical missing link: direct access to programmable, compliant fiat rails without needing to build or maintain their own banking infrastructure. Through StraitsX's trusted banking partners, eligible clients can now issue named USD virtual accounts with full COBO (Collect on Behalf of) and POBO (Pay on Behalf Of) functionality. These accounts are natively integrated with stablecoins like XUSD, StraitsX's USD-pegged stablecoin, enabling fast, trusted movement between fiat and digital assets across borders and counterparties. Redefining Connectivity for Institutional-Grade Digital Finance As stablecoins become increasingly embedded in real-world value exchange, DVA/+ meets the rising demand for programmable, compliant financial infrastructure. Built for operational scale and regulatory clarity, DVA/+ offers: • Named USD or SGD virtual accounts under each client's entity • Full COBO and POBO functionality for global fiat movement • Integrated stablecoin support via StraitsX's XUSD • Real-time fund visibility and programmable treasury workflows • API-first design for seamless, automated back-end integration Core Components of the DVA/+ Infrastructure • DVA: Named Virtual Accounts (VAs) backed by top-tier banking partners • DVA+: Enhanced Compliance access for Named VAs connected to top-tier banking partners 'DVA/+ is a turning point in how institutions connect to the future of digital finance. With DVA/+, we're removing the barriers that have long separated traditional finance from crypto-natives, and replacing them with trusted, programmable rails that meet the highest standards of compliance and scalability,' said Liu Tianwei, CEO and Co-Founder of StraitsX. 'This is a critical step in our broader mission to enable seamless value movement across currencies, networks, and jurisdictions, for any institution looking to operate at the frontier of regulated digital finance. We invite exchanges, wallet players, fintech platforms, and other crypto-native institutions to explore how DVA/+ can anchor their payment infrastructure and unlock compliant, scalable liquidity across the digital asset ecosystem.' From Stablecoin Issuer to Strategic Infrastructure Partner The launch of DVA/+ marks the first milestone under StraitsX's refreshed brand identity, underscoring its evolution from a single-product stablecoin issuer to a full-stack infrastructure provider for regulated digital finance. This new identity signals a broader commitment to building trusted, compliant systems that power real-world financial use cases at scale. DVA/+ exemplifies this direction as it equips institutions with the infrastructure needed to bridge fiat and stablecoins and operate with greater speed, security, and regulatory clarity. As the digital asset economy matures, institutions are under pressure to streamline operations while meeting higher regulatory expectations. DVA/+ addresses this challenge by enabling exchanges, wallets, and market participants to access fiat and stablecoin rails without the complexity of maintaining their own banking stack. By automating settlement flows and embedding compliance into the infrastructure layer, DVA/+ helps institutions unlock faster time-to-market, more efficient treasury operations, and a higher standard of operational resilience.

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