According to the "Straits Times" report, the super App "Grab" that has successfully acquired Uber's Southeast Asian business has recently launched measures to further integrate cryptocurrency payments. The new initiative allows Singaporean users to use cryptocurrencies to top up their e-wallet "GrabPay", which can then be used for daily purchases.
According to reports, GrabPay has launched a new service in partnership with cryptocurrency payment service provider Triple-A. This new service supports deposit options for Bitcoin, Ethereum, Singapore dollar stablecoin XSGD, U.S. dollar stablecoins USDC and USDT for the first time.
#Grab announced in a statement that it has partnered with authorized payment provider Triple-A so that users can top up their GrabPay wallet using digital payment tokens. This service is currently only launched in the Singapore market. Grab said it will pay close attention to user usage and make corresponding adjustments based on demand.
Grab is headquartered in Singapore. It initially started as a ride-hailing service and has expanded to food ordering and delivery, express package delivery, supermarket grocery delivery and digital payment services. Its business covers 8 Southeast Asian countries including Singapore, Malaysia, Indonesia, and Thailand. nation.
This is not Grab’s first foray into the cryptocurrency field. The company integrated the Polygon-based Web3 wallet service on the platform last September, allowing users to hold NFT coupons in the App, which can be used for daily meals and services. Consumption, but this Web3 wallet can only be used to hold, manage and trade NFT, and is not connected with GrabPay.
Binance (Binance) exchange is a global crypto exchange The currency exchange serves 180 countries and regions including North America, Europe, Taiwan, the Middle East, Hong Kong, and Malaysia, provides more than 600 cryptocurrencies, and has 120 million registered users worldwide. Since 2018, Binance has been considered the world’s largest cryptocurrency exchange in terms of trading volume, with a 24-hour trading volume of US$76 billion.
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Huobi Global Professional Station is an innovative digital asset international station under Huobi Group that serves professional trading users around the world. It is committed to discovering high-quality innovative digital asset investment opportunities. Currently, It provides trading and investment services in more than 40 types of digital assets. It is headquartered in Singapore and is operated by the Huobi Global Professional Station team. Huobi Group is a globally competitive and influential comprehensive digital asset service provider, providing high-quality services to millions of users in more than 130 countries. It has independent trading business and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions. Huobi Group is in a leading position in the world in terms of technology platform, product lines, security risk control system, operation and customer service system.
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Gate.io was established in April 2013 with the Chinese name "Open Sesame". It was formerly known as China's "Biter" exchange. The founder is a technology Dr. Han Lin, who was born. The original intention of Gate.io was to "find a safe trading place for everyone who believes in Bitcoin". This idea has been implemented in the development of Gate.io. After the tightening of regulatory policies in 9.4, Gate.io left China and has been developing overseas. Recently, it has also entered Southeast Asian markets such as Taiwan, Malaysia, Indonesia, Singapore, and South Korea. Gate.io is currently headquartered in the British Cayman Islands and provides fiat, spot and derivatives trading of cryptocurrencies to more than 4 million users from more than 130 countries. The official claims to provide 100% margin audit proof, authentic and transparent crypto asset trading services.
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