- Grab and TripleA let GrabPay users in Singapore top up wallets with digital tokens.
- The move enables seamless conversion of cryptocurrencies into usable funds.
- Grab’s crypto integration efforts aim to expand digital assets.
Grab, the leading super app in Southeast Asia, has partnered with crypto payments provider Triple A to offer a new feature allowing GrabPay users in Singapore to top up their e-wallets using digital tokens.
This move enables GrabPay users to seamlessly convert stablecoins and other cryptocurrencies into funds usable on the platform.
Enabling crypto top-ups for GrabPay users in Singapore
The GrabPay app now supports top-ups through popular cryptocurrencies like Bitcoin, Ethereum, USDC, and USDT.
Additionally, the app accepts XSGD, a blockchain-powered stablecoin pegged to the Singapore dollar, offered by Fazz, a company formed from the merger of Indonesia’s Payfazz and Singapore’s Xfers.
Efforts to integrate cryptocurrency into the mainstream
This announcement builds upon Grab’s previous collaboration with TripleA in 2021, which enabled crypto trading via the GrabPay wallet.
The company’s continued efforts to integrate cryptocurrency into its ecosystem reflect its commitment to expanding the adoption of digital assets among its users in the region.
To read the original article: https://www.techinasia.com/grab-initiates-top-ups-xsgd-stablecoin-crypto-push
