Grab Allows Singapore Users to Pay with Five Cryptocurrencies
Grab, the super app offering ride-hailing, food delivery, and digital payments in South Asia, has partnered with payments firm Triple-A to allow users in Singapore to pay using five cryptocurrencies. The crypto top-ups in GrabPay Wallet were rolled out on March 12, according to Triple-A. The five cryptocurrencies that can be used for everyday transactions are bitcoin, ether, StraitsX's Singapore dollar-backed stablecoin XSGD, Circle's USDC stablecoin, and Tether's USDT stablecoin. Grab had previously announced plans to conduct a pilot for a Web3 wallet within the super app in partnership with Circle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto’s rideshare dreams crash again
Why has utility become such a losing bet?
The parents of FTX founder SBF discussed pardoning their son with people around Trump
APT breaks through $7
BTC breaks through $100,000