85% of StraitsX Stablecoin Card Transactions Were Under $50

85% of StraitsX’s stablecoin-backed card transactions were below $50, offering a company-level measure of stablecoin use in everyday payments. Examples of routine purchases included groceries and diapers. StraitsX processes more than $500 million in card payments per month; the measurement period was not specified. The 85% figure counts transactions, not the share of total spending. Liu did not specify the period it covers or provide a breakdown by merchant category. StraitsX’s card model uses stablecoins in the funding or settlement flow. Cardholders pay with Visa credentials, while merchants receive fiat through conventional card-network processes.