KBank, StraitsX scale Thai-Singapore stablecoin payments
Thailand’s regulatory sandbox for blockchain-based payments continues to evolve, with KASIKORNBANK (KBank) announcing the expansion of its Q Wallet application to enable Thai travellers to pay at Singapore merchants by scanning GrabPay QR codes.
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The expansion lets Thai travellers pay Singapore merchants through GrabPay QR codes from KBank's Q Wallet, settling blockchain-based Q-money baht against StraitsX's XSGD stablecoin on the Orbix-operated Quarix chain.
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