MetaComp Pte. Ltd., a Singapore-based regulated payments provider, has recently announced a strategic partnership with Stable to enhance the utilization of stablecoins in international money transfers.
Stable operates the StableChain network, a platform specifically designed for stablecoin transactions that ensures rapid transaction finalization and full compatibility with smart contracts. This network uses USDT as its primary gas asset, ensuring consistent settlement costs and predictable fees globally.
Under the terms of this collaboration, MetaComp will integrate StableChain into its StableX Network. StableX leverages MetaComp’s advanced FX and liquidity routing engine, along with a real-time compliance system, to facilitate seamless management of both cryptocurrency and fiat currency flows. This integration will significantly expand StableX’s reach across various continents, supporting legitimate and regulated cross-border payment scenarios.
Furthermore, this partnership will enable effortless conversion between USDT0 and XAUt0 tokens on the StableChain platform, offering enhanced payment capabilities and asset diversification options for institutional clients. Asset services will be overseen by Alpha Ladder Finance, a regulated capital markets entity affiliated with MetaComp.
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