StraitsX is the pioneering payments infrastructure for digital assets space in Southeast Asia developed by Singapore-based FinTech Xfers, which is a Major Payment Institution licensed by the Monetary Authority of Singapore for e-money issuance (XSGD).
In Indonesia, PT. Xfers StraitsX Indonesia serves Indonesian residents and issues the XIDR stablecoin. The XIDR token is collateralized with Indonesian Rupiah stored in StraitsX reserve to ensure that the token value will always be at a 1-to-1 peg to Indonesian Rupiah.
StraitsX offers personal accounts to transfer in, hold and transfer out funds as well as to connect their accounts to digital asset platforms.
StraitsX is a trademark of XFERS PTE. LTD.
PT. Xfers StraitsX Indonesia serves Indonesian residents only in jurisdictions where it is sufficiently licensed to operate and conduct business activity as XIDR issuer.