๐ฆ๐ฑ XREX Receives Major Payment Institution License from MAS: Launches XREX Pay Platform ๐๐ผ
Exciting news from the world of blockchain finance! Singapore-based financial institution XREX has just hit a major milestone by securing a coveted Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). ๐
But that's not all โ XREX isn't stopping there. The company is gearing up to launch XREX Pay, a cutting-edge platform designed to revolutionize cross-border B2B payments for businesses. ๐ผ๐ณ
Here's the scoop: XREX Pay will offer seamless payment capabilities across borders, supporting channels in Singapore dollars, US dollars, and popular stablecoins like USDT and USDC. It's a game-changer for businesses looking to streamline their international transactions and unlock new opportunities for growth. ๐ฐ๐
And this isn't the first time XREX has made waves in the industry. Back in November 2023, the company received principal approval for the MPI license from MAS, setting the stage for this groundbreaking announcement. ๐ ๐
With the MPI license in hand and the launch of XREX Pay on the horizon, XREX is poised to lead the charge in transforming the way businesses navigate the world of finance. It's a testament to their commitment to innovation and their vision for a more interconnected and efficient financial ecosystem. ๐๐ก
So here's to XREX and the future of cross-border payments โ we can't wait to see what's next! ๐ฅ๐