Stablecoin payment infrastructure and digital asset issuance under MAS licensing
StraitsX operates as a licensed payment institution in Singapore, issuing stablecoins (XUSD, XSGD) built on Ethereum and Web3 infrastructure. The company's tech stack—Go, Solidity, Node.js, Docker—reflects a dual engineering posture: blockchain-native development alongside traditional backend systems. Hiring concentration in engineering (19), product (10), and security (8) signals active infrastructure buildout, while pain-point clustering around regulatory compliance, integration friction, and reporting scalability suggests they're scaling both technical operations and operational controls simultaneously.
StraitsX is a digital payment infrastructure provider licensed as a Major Payment Institution by the Monetary Authority of Singapore. The company issues blockchain-based stablecoins (XUSD and XSGD) and provides payment rails, fund-management tools, and cross-border transaction services to businesses, institutions, and developers across Southeast Asia. Current hiring spans Singapore, Taiwan, China, Malaysia, and Indonesia. Active projects center on fraud monitoring, card-issuing APIs, treasury automation, compliance-reporting systems, and real-time liquidity tracking—indicating focus on both payment-flow infrastructure and internal risk-and-control operations.
StraitsX issues XUSD and XSGD stablecoins, built on Ethereum. The company holds a Major Payment Institution license from Singapore's Monetary Authority.
Core languages: Go, Solidity, Java, Ruby, JavaScript, Node.js. Infrastructure: Docker, Git, GitHub Actions. Blockchain: Ethereum Virtual Machine, Web3. Data: MariaDB, Redshift, BigQuery, Apache Airflow. Ops: HubSpot, Slack.
Other companies in the same industry, closest in size