MetaComp launches the StableX platform: reshaping the landscape of cross-border forex payments based on stablecoin technology.

This article is an official press release.

As an important part of the institutional platform CAMP under MetaComp, StableX has newly created a next-generation foreign exchange infrastructure aimed at the Web2.5 payment ecosystem. The platform operates 24/7, fully supporting the cross-border flow of mainstream currencies and emerging market currencies, providing stable and reliable technical support for the global payment system.

Singapore, May 14, 2025 - MetaComp, a licensed financial institution holding a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS), authorized to provide Digital Payment Token (DPT) services and cross-border remittance services, today officially launched its next-generation cross-border foreign exchange payment infrastructure platform StableX. The platform is built on stablecoin technology and is specifically designed to meet the foreign exchange needs of cross-border merchants, financial institutions, payment service providers, and global enterprises. By providing around-the-clock, high-efficiency, low-cost, and reliable foreign exchange services, it meets the stringent requirements for payment speed and stability in the digital economy era. In the foreign exchange market, where the daily trading volume exceeds 7 trillion USD globally, the flow of funds is still constrained by the complex and decentralized architecture of traditional systems. StableX innovatively uses stablecoin settlement channels to provide institutional clients with a new choice for cross-border payments that is real-time, low-friction, and adequately liquid. The platform's core smart routing engine can dynamically select the optimal trading path through stablecoins or USD based on key metrics such as cost, speed, and settlement certainty. The platform currently supports the two major stablecoins USDT and USDC, and will soon expand to include more digital asset options such as FDUSD, PYUSD, and WUSD. Taking the exchange of Singapore Dollars (SGD) to UAE Dirhams (AED) as an example, StableX can intelligently choose to route funds through stablecoins or US dollars, ensuring settlement speed while providing more competitive execution prices and a simplified operational process. Each transaction undergoes triple optimization for price, speed, and stability, perfectly fulfilling the platform's commitment to "fast, smart, and stable." "StableX is a strategic solution designed for cross-border B2B payments," said Ms. Chen Peiling, Co-President of MetaComp. "We provide enterprises with the three core values they need most: 24/7 service, real-time settlement, and reliable infrastructure. Through stablecoin technology, we are reshaping the standards of global capital flow." Mr. Huang Jiwei, Co-President and Chief Operating Officer of MetaComp, added: "In today's environment where traditional systems struggle to meet the demands for business agility, StableX has built a foreign exchange settlement infrastructure that works in synergy with existing frameworks through stablecoin technology, allowing institutions to expand their global operations with greater confidence." In terms of technical architecture, StableX is built on the Web 2.5 core banking system of MetaComp, equipped with a unified API gateway, and fully integrated into the Customer Asset Management Platform (CAMP). This platform not only works seamlessly with the over-the-counter trading module, supporting compliant large-scale cross-border foreign exchange transactions, but also provides comprehensive payment solutions, including Collection On Behalf Of (COBO) and Payment On Behalf Of (POBO). Through the compliant wealth management solutions of its parent company, Alpha Ladder Finance (which holds a capital markets services license issued by MAS and is recognized as a market operator), clients can also achieve optimized returns on their fund balances. StableX supports mainstream currency pairs in its first phase and will gradually expand to 31 major and emerging currencies, including the United Arab Emirates Dirham (AED), Euro (EUR), British Pound (GBP), and others. This gradual deployment strategy ensures the platform's liquidity, operational reliability, and regulatory compliance. As a service provided by a MAS licensed financial institution, StableX offers 24/7 around-the-clock services, delivering efficient solutions for cross-border B2B payments, international remittances, and other scenarios through innovative features like deep liquidity aggregation and smart routing. StableX is now officially online, and institutional clients can apply for access through the MetaComp platform. For more details, please visit: www.mce.sg. About MetaComp MetaComp is Singapore's leading digital asset platform, holding an operating license issued by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. The company adopts an innovative P2B2C (Platform - Business Partner - Customer) business model, dedicated to providing secure and reliable cross-border payment and digital asset management solutions for financial institutions, payment service providers, fintech companies, and multinational corporations. Upholding the core development philosophy of compliant operation, security assurance, and institutional-level infrastructure, MetaComp has created a one-stop digital financial service system that includes over-the-counter trading, fiat payment channels, compliant digital asset custody, and prime brokerage services. As a member of the Alpha Ladder Finance group, which holds the MAS Capital Market Services (CMS) license and is recognized as a Recognized Market Operator (RMO), MetaComp has built a bridge connecting traditional financial services with digital assets through its innovative Client Asset Management Platform (CAMP). The company's latest research and development, the StableX cross-border foreign exchange and liquidity routing platform, intelligently optimizes multi-currency conversion and settlement processes through a dual-track mechanism of stablecoins and US dollars. This platform combines the flexibility of digital assets with the reliability of institutional-grade infrastructure, redefining the standards of global capital flow with superior execution speed, cost advantages, and stability. As a core component of the CAMP platform's foreign exchange infrastructure, StableX further strengthens this seamless compliance ecosystem designed for the future of global finance.