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TechFlow reports that XREX, a blockchain financial institution based in Singapore, has announced it has obtained the Major Payment Institution license issued by the Monetary Authority of Singapore.
In addition, XREX Singapore will launch XREX Pay, a platform offering cross-border B2B payment services for enterprises, supporting payment channels in Singapore dollars and US dollars, as well as stablecoins such as USDT and USDC.
Blockchain financial institution XREX Singapore announced it has obtained the Major Payment Institution license from the Monetary Authority of Singapore. Additionally, XREX Singapore will launch XREX Pay, a platform offering cross-border B2B payment services for enterprises, supporting payment channels in Singapore dollars and US dollars, as well as stablecoins such as USDT and USDC.
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