{"id":29644,"date":"2025-08-07T06:09:16","date_gmt":"2025-08-07T06:09:16","guid":{"rendered":"https:\/\/www.hotelsalepage.com\/feed\/cision-pr-newswire\/metacomp-to-distribute-rlusd-stablecoin-and-supercharge-stablex-for-cross-border-payments\/"},"modified":"2025-08-07T06:09:16","modified_gmt":"2025-08-07T06:09:16","slug":"metacomp-to-distribute-rlusd-stablecoin-and-supercharge-stablex-for-cross-border-payments","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=29644","title":{"rendered":"MetaComp to Distribute RLUSD Stablecoin and Supercharge StableX for Cross-Border Payments"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2389449\/METACOMP_Main_Logo_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 7, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<a href=\"https:\/\/www.mce.sg\/\" target=\"_blank\" rel=\"nofollow\">MetaComp<\/a> Pte Ltd (MetaComp), a leading <span class=\"xn-location\">Singapore<\/span>-based licensed provider for stablecoins powered cross-border payment infrastructure, announced the distribution of Ripple USD (RLUSD), Ripple&#8217;s native USD-denominated stablecoin issued by Standard Custody &amp; Trust Company, LLC, a wholly owned subsidiary of Ripple Labs. \u00a0\u00a0\u00a0\u00a0\u00a0MetaComp will\u00a0provide institutional access to RLUSD through its compliant infrastructure.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2745907\/Ripple_MetaComp.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2745907\/Ripple_MetaComp.jpg?p=medium600\" title=\"Ripple and MetaComp\" alt=\"Ripple and MetaComp\" \/> <\/a> <br \/><span>Ripple and MetaComp<\/span><\/p>\n<\/div>\n<p>In addition, RLUSD will be listed on <a href=\"https:\/\/www.mce.sg\/camp-solutions\/stablex\/\" target=\"_blank\" rel=\"nofollow\">StableX<\/a>, MetaComp&#8217;s programmable FX and cross-border infrastructure, powered by stablecoins. This strategic move reinforces StableX&#8217;s role as one of <span class=\"xn-location\">Asia&#8217;s<\/span> most comprehensive integrated stablecoin and FX liquidity hubs, enabling institutions seamlessly access a growing suite of stablecoins, including RLUSD. Paired with 31+ supported currencies, StableX empowers fast, transparent, and cost-effective cross-border transactions at scale.<\/p>\n<p>&#8220;This partnership is a meaningful step toward building a resilient ecosystem where stablecoins work in tandem to shape the future of finance,&#8221; said <span class=\"xn-person\">Eddie Hui<\/span>, Co-President and Chief Operating Officer of MetaComp. &#8220;We are proud to support RLUSD as a dealer and to bring it onto StableX, enabling faster, smarter, and more cost-effective cross-border payments for merchants and settlement for institutions.&#8221;<\/p>\n<p>RLUSD is live and has been rolled out on MetaComp&#8217;s platforms, with onboarding and distribution support available to institutional clients across <span class=\"xn-location\">Asia-Pacific<\/span> and beyond.<\/p>\n<p><b>About Ripple USD (RLUSD)<\/b><\/p>\n<p>Ripple USD (RLUSD) is Ripple&#8217;s USD-denominated stablecoin, designed to maintain a constant value of <span class=\"xn-money\">one US dollar<\/span>. RLUSD is issued natively on the XRP Ledger and Ethereum blockchains, and is fully backed by a segregated reserve of cash and cash equivalents, redeemable 1:1 for US dollars. RLUSD enables real-tim<span>e, c<\/span>ompliant payments and easy fiat to\u00a0stablecoin on\/off ramps for exchanges, fintechs, crypto onramps, and more.<\/p>\n<p>Standard Custody, a wholly owned subsidiary of Ripple Labs and the issuer of RLUSD, is chartered and supervised by NYDFS as a limited purpose trust company \u2013 it is required to be backed 100% by highly liquid, short-term, transparent reserves. Standard Custody adheres to high safety and soundness standards, including NYDFS customer protection and reserve requirements, as well as redemptions with strict SLAs.<\/p>\n<p><b>About MetaComp<\/b><\/p>\n<p>MetaComp is a leading <span class=\"xn-location\">Singapore<\/span>-based digital asset platform, licensed and regulated by the Monetary Authority of <span class=\"xn-location\">Singapore<\/span> (MAS) under the Payment Services Act 2019. Operating on a P2B2C (platform-to-business, partners-to-clients) model, MetaComp enables institutions, payment service providers, fintechs, and global enterprises to confidently navigate cross-border payments and the digital asset economy. With a strong focus on compliance, security, and institutional-grade infrastructure, MetaComp offers an end-to-end suite of digital finance capabilities \u2014 including OTC and exchange trading, fiat payment rails, regulated digital asset custody, and prime brokerage. MetaComp is a subsidiary of Alpha Ladder Finance Pte. Ltd., a MAS-licensed Capital Markets Services (CMS) licensee and Recognised Market Operator (RMO). Through its integrated Client Asset Management Platform (CAMP), MetaComp provides <span>a t<\/span>rusted environment that bridges traditional financial services with digital assets.<\/p>\n<p>MetaComp&#8217;s latest innovation, StableX, is a proprietary cross-border FX and liquidity routing platform designed to simplify and accelerate global fund flows. Powered by stablecoins and USD, it intelligently optimises multi-currency conversions and settlements \u2014 delivering faster, more cost-effective, and highly competitive cross-border transactions. Built for speed, competitiveness, and stability, StableX unites the flexibility of digital assets with the dependability of institutional-grade infrastructure. As CAMP&#8217;s integrated FX infrastructure layer, StableX reinforces a seamless, compliant ecosystem engineered for the future of global finance.<\/p>\n<p>To learn more about MetaComp and its regulated infrastructure and solutions, visit <b><u><a href=\"http:\/\/www.mce.sg\/\" target=\"_blank\" rel=\"nofollow\">www.mce.sg<\/a><\/u><\/b> or follow us on Twitter <u><a href=\"https:\/\/x.com\/MetaCompHQ\" target=\"_blank\" rel=\"nofollow\">@MetaCompHQ<\/a><\/u><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2389449\/METACOMP_Main_Logo_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 7, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<a href=\"https:\/\/www.mce.sg\/\" target=\"_blank\" rel=\"nofollow\">MetaComp<\/a> Pte Ltd (MetaComp), a leading <span class=\"xn-location\">Singapore<\/span>-based licensed provider for stablecoins powered cross-border payment infrastructure, announced the distribution of Ripple USD (RLUSD), Ripple&#8217;s native USD-denominated stablecoin issued by Standard Custody &amp; Trust Company, LLC, a wholly owned subsidiary of Ripple Labs. \u00a0\u00a0\u00a0\u00a0\u00a0MetaComp will\u00a0provide institutional access to RLUSD through its compliant infrastructure.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2745907\/Ripple_MetaComp.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2745907\/Ripple_MetaComp.jpg?p=medium600\" title=\"Ripple and MetaComp\" alt=\"Ripple and MetaComp\" \/> <\/a> <br \/><span>Ripple and MetaComp<\/span><\/p>\n<\/div>\n<p>In addition, RLUSD will be listed on <a href=\"https:\/\/www.mce.sg\/camp-solutions\/stablex\/\" target=\"_blank\" rel=\"nofollow\">StableX<\/a>, MetaComp&#8217;s programmable FX and cross-border infrastructure, powered by stablecoins. This strategic move reinforces StableX&#8217;s role as one of <span class=\"xn-location\">Asia&#8217;s<\/span> most comprehensive integrated stablecoin and FX liquidity hubs, enabling institutions seamlessly access a growing suite of stablecoins, including RLUSD. Paired with 31+ supported currencies, StableX empowers fast, transparent, and cost-effective cross-border transactions at scale.<\/p>\n<p>&#8220;This partnership is a meaningful step toward building a resilient ecosystem where stablecoins work in tandem to shape the future of finance,&#8221; said <span class=\"xn-person\">Eddie Hui<\/span>, Co-President and Chief Operating Officer of MetaComp. &#8220;We are proud to support RLUSD as a dealer and to bring it onto StableX, enabling faster, smarter, and more cost-effective cross-border payments for merchants and settlement for institutions.&#8221;<\/p>\n<p>RLUSD is live and has been rolled out on MetaComp&#8217;s platforms, with onboarding and distribution support available to institutional clients across <span class=\"xn-location\">Asia-Pacific<\/span> and beyond.<\/p>\n<p><b>About Ripple USD (RLUSD)<\/b><\/p>\n<p>Ripple USD (RLUSD) is Ripple&#8217;s USD-denominated stablecoin, designed to maintain a constant value of <span class=\"xn-money\">one US dollar<\/span>. RLUSD is issued natively on the XRP Ledger and Ethereum blockchains, and is fully backed by a segregated reserve of cash and cash equivalents, redeemable 1:1 for US dollars. RLUSD enables real-tim<span>e, c<\/span>ompliant payments and easy fiat to\u00a0stablecoin on\/off ramps for exchanges, fintechs, crypto onramps, and more.<\/p>\n<p>Standard Custody, a wholly owned subsidiary of Ripple Labs and the issuer of RLUSD, is chartered and supervised by NYDFS as a limited purpose trust company \u2013 it is required to be backed 100% by highly liquid, short-term, transparent reserves. Standard Custody adheres to high safety and soundness standards, including NYDFS customer protection and reserve requirements, as well as redemptions with strict SLAs.<\/p>\n<p><b>About MetaComp<\/b><\/p>\n<p>MetaComp is a leading <span class=\"xn-location\">Singapore<\/span>-based digital asset platform, licensed and regulated by the Monetary Authority of <span class=\"xn-location\">Singapore<\/span> (MAS) under the Payment Services Act 2019. Operating on a P2B2C (platform-to-business, partners-to-clients) model, MetaComp enables institutions, payment service providers, fintechs, and global enterprises to confidently navigate cross-border payments and the digital asset economy. With a strong focus on compliance, security, and institutional-grade infrastructure, MetaComp offers an end-to-end suite of digital finance capabilities \u2014 including OTC and exchange trading, fiat payment rails, regulated digital asset custody, and prime brokerage. MetaComp is a subsidiary of Alpha Ladder Finance Pte. Ltd., a MAS-licensed Capital Markets Services (CMS) licensee and Recognised Market Operator (RMO). Through its integrated Client Asset Management Platform (CAMP), MetaComp provides <span>a t<\/span>rusted environment that bridges traditional financial services with digital assets.<\/p>\n<p>MetaComp&#8217;s latest innovation, StableX, is a proprietary cross-border FX and liquidity routing platform designed to simplify and accelerate global fund flows. Powered by stablecoins and USD, it intelligently optimises multi-currency conversions and settlements \u2014 delivering faster, more cost-effective, and highly competitive cross-border transactions. Built for speed, competitiveness, and stability, StableX unites the flexibility of digital assets with the dependability of institutional-grade infrastructure. As CAMP&#8217;s integrated FX infrastructure layer, StableX reinforces a seamless, compliant ecosystem engineered for the future of global finance.<\/p>\n<p>To learn more about MetaComp and its regulated infrastructure and solutions, visit <b><u><a href=\"http:\/\/www.mce.sg\/\" target=\"_blank\" rel=\"nofollow\">www.mce.sg<\/a><\/u><\/b> or follow us on Twitter <u><a href=\"https:\/\/x.com\/MetaCompHQ\" target=\"_blank\" rel=\"nofollow\">@MetaCompHQ<\/a><\/u><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-29644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/29644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29644"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/29644\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}