TBCASoft, the U.S.-based on-chain finance innovator behind the HIVEX® Network, has signed a strategic MOU with Singapore-based licensed Major Payment Institution StraitsX, the issuer of XSGD and XUSD stablecoins, under a project named HIVEX® StableLink.
The collaboration aims to deliver scalable, blockchain-powered cross-border payments using regulated stablecoins, offering instant foreign exchange (FX) and settlement finality. This initiative is designed to reduce costs and improve efficiency for mobile users, merchants, issuers, and acquirers across the network.
StraitsX will integrate its stablecoins with the HIVEX® Network, a next-generation international mobile payment platform. HIVEX® StableLink plans to connect regulated stablecoin issuers in multiple jurisdictions, including Japan, Taiwan, Hong Kong, Thailand, and the United States.
The HIVEX® Network leverages blockchain technology to enable secure, interoperable cross-border payments while maintaining FX transparency, regulatory compliance, and data protection. Since 2023, HIVEX® has supported stablecoin-based cross-border clearing and now aims to expand to regulated instant settlement and FX under this initiative.
“Project HIVEX® StableLink is a milestone for the HIVEX® Network, establishing it as a global infrastructure layer for mobile payments,” said Ling Wu, Founder and CEO of TBCASoft. “This partnership with StraitsX allows us to deliver scalable, interoperable, and sovereign blockchain-powered finance solutions, offering real value to customers across our network.”
Tianwei Liu, CEO & Co-Founder of StraitsX, added: “By integrating our stablecoins and payment capabilities within the HIVEX® Network, businesses can now access seamless and instant QR payments and settlements, backed by trusted infrastructure, compliance, and competitive value.”
The partnership strengthens HIVEX®’s position as a global enabler of mobile wallet interoperability, fostering a harmonised framework for banks, e-wallets, merchants, and users, and advancing the adoption of open, borderless mobile payments worldwide.
