Singapore-based payments firm MetaComp has partnered blockchain company Stable to integrate Stable’s network into its StableX platform, as regulated fintech players continue to test whether stablecoins can be used reliably for cross-border payments beyond pilots and proofs of concept.
MetaComp, which is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution, said the collaboration would allow its StableX™ Network to connect with Stable’s Layer 1 blockchain, known as StableChain. The move follows MetaComp’s launch of StableX at the Singapore FinTech Festival 2025.
Targeting Faster Cross-Border Settlement
The companies said the integration is aimed at reducing cost and settlement friction in international payments, a long-standing issue for businesses operating across multiple currencies and jurisdictions.
StableChain is designed to run transactions using USDT as its native gas token, allowing fees to be paid directly in a stablecoin rather than a volatile cryptocurrency. MetaComp said this design could make transaction costs more predictable for corporate users.
The StableX Network combines MetaComp’s foreign exchange and liquidity routing infrastructure with compliance tools that monitor crypto and fiat transactions in real time. Through the collaboration, StableChain will be added as another settlement rail within that system.
Compliance Remains Central
Regulatory compliance remains a key hurdle for wider stablecoin adoption, particularly for institutional use. MetaComp said its VisionX risk engine, which monitors transactions for anti-money laundering and counter-terrorism financing risks, will be connected to Stable’s on-chain monitoring systems.
The companies said they would also co-develop additional controls to improve transaction traceability across jurisdictions, though no timeline was given for when these features would be fully deployed.
Asset Conversion and Regulated Access
As part of the partnership, MetaComp will support conversion between USDT0 and XAUt0 — a tokenised gold product — on StableChain. Access to tokenised gold products will be provided through Alpha Ladder Finance, a MetaComp-affiliated firm regulated by MAS as a capital markets services licensee and recognised market operator.
Both USDT0 and XAUt0 will also be listed on MetaComp’s Client Asset Management Platform, which is targeted at institutional clients.
Early-Stage Infrastructure Play
While the companies described the collaboration as a step toward “programmable” and more efficient payments, neither disclosed transaction volumes, live commercial corridors, or client adoption figures.
Industry observers note that many stablecoin payment networks remain in early stages, with banks and corporates cautious amid evolving regulatory frameworks across Asia, Europe and the United States.
Tin Pei Ling, co-president of MetaComp, said the company sees stablecoins increasingly being used as payment infrastructure rather than speculative assets.
Stable chief executive Brian Mehler said the partnership demonstrates how regulated platforms and blockchain networks could work together, particularly in foreign exchange settlement.
