This article is an official press release.
As an important component of MetaComp's institutional platform CAMP, StableX has created a new generation of foreign exchange infrastructure aimed at the Web2.5 payment ecosystem. This platform operates 24/7, fully supports the cross-border flow of mainstream and emerging market currencies, and provides 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) and authorized to provide Digital Payment Token (DPT) services and cross-border remittance services, today officially launched the new 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 24/7, high-efficiency, low-cost, and reliable foreign exchange services, it meets the stringent demands for payment speed and stability in the digital economy era.
In the foreign exchange market, where the average daily trading volume exceeds $70 trillion, the flow of funds is still limited by the complex and decentralized traditional system architecture. StableX innovatively adopts a stablecoin settlement channel, providing institutional clients with a new option for real-time execution, low friction, and ample liquidity in cross-border payments. 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 two major stablecoins, USDT and USDC, and will soon expand to include more digital asset options like FDUSD, PYUSD, and WUSD.
Taking the exchange of Singapore Dollars (SGD) to United Arab Emirates Dirhams (AED) as an example, StableX can intelligently choose to route funds through stablecoins or USD, ensuring settlement speed while providing more competitive execution prices and simplified operational processes. Each transaction undergoes triple optimization for price, speed, and stability, perfectly realizing the platform's commitment to 'fast, intelligent, and stable'.
"StableX is a strategic-level solution designed specifically for cross-border B2B payments," said Ms. Chen Peiling, co-president of MetaComp. "We provide enterprises with 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 of business agility, StableX has built a foreign exchange settlement infrastructure that collaborates with existing frameworks through stablecoin technology, enabling institutions to expand their global business with greater confidence."
In terms of technical architecture, StableX is built on MetaComp's Web 2.5 core banking system, equipped with a unified API gateway, and fully integrated into the client asset management platform (CAMP). The platform not only seamlessly collaborates with the over-the-counter trading module to support compliant large-scale cross-border foreign exchange transactions but also provides a full range of payment solutions, including collections (COBO) and payments (POBO). Through the compliant wealth management solutions of its parent company Alpha Ladder Finance (which holds a capital market services license and recognized market operator qualifications issued by MAS), clients can also optimize the returns on their fund balances.
StableX first supports mainstream currency pairs and will gradually expand to include 31 major and emerging currencies, including the United Arab Emirates Dirham (AED), Euro (EUR), and British Pound (GBP). This phased deployment strategy ensures the platform's liquidity, operational reliability, and regulatory compliance. As a licensed financial institution sanctioned by MAS providing 24/7 service, StableX offers efficient solutions for cross-border B2B payments and international remittances through deep liquidity aggregation and intelligent routing.
StableX has officially launched, 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 employs a P2B2C (Platform - Business Partners - Customers) innovative 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 compliance operation, security assurance, and institutional-level infrastructure, MetaComp has built a one-stop digital financial service system covering 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 has obtained the MAS Capital Market Services (CMS) license and recognized market operator (RMO) qualifications, MetaComp builds a bridge connecting traditional financial services with digital assets through its innovative client asset management platform (CAMP).
The company's latest developed 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 USD. This platform combines the flexibility of digital assets with the reliability of institutional-level infrastructure, redefining the standards of global capital flow with superior execution speed, cost advantages, and stability. As a core component of CAMP's foreign exchange infrastructure, StableX further enhances this seamless compliance ecosystem designed for the future of global finance.