Hello Clara,
Thank you for your question. Earlier this year we took the decision to make the distinction between Xfers and StraitsX clearer by consolidating all our blockchain & crypto products and services under the new StraitsX brand and platform, which will enable Xfers to focus on its core mission of enabling B2B and B2B2C payments.
Regarding the inspiration behind StraitsX, and as shared in our announcement, we have gotten some help from the strategic location of our Singapore HQ.
"Strait is a noun that refers to a narrow passage of water connecting two seas or two other large areas of water. Straits can be found all over the world but can prominently be found in Southeast Asia, with the Singapore Strait, Strait of Malacca, Sunda Strait and Lombok Strait all being economically important trade routes. The new StraitsX brand logo depicts a strait, which is defined as a narrow passage of water connecting two bodies of water. Similar to a strait, StraitsX aims to connect the existing fiat-based financial system to a blockchain-based financial system, through its services and the StraitsX stablecoins."
Full article available at: https://www.straitsx.com/sg-blog/straitsx-surpa...
Hello Clara,
Thank you for your question. Earlier this year we took the decision to make the distinction between Xfers and StraitsX clearer by consolidating all our blockchain & crypto products and services under the new StraitsX brand and platform, which will enable Xfers to focus on its core mission of enabling B2B and B2B2C payments.
Regarding the inspiration behind StraitsX, and as shared in our announcement, we have gotten some help from the strategic location of our Singapore HQ.
"Strait is a noun that refers to a narrow passage of water connecting two seas or two other large areas of water. Straits can be found all over the world but can prominently be found in Southeast Asia, with the Singapore Strait, Strait of Malacca, Sunda Strait and Lombok Strait all being economically important trade routes. The new StraitsX brand logo depicts a strait, which is defined as a narrow passage of water connecting two bodies of water. Similar to a strait, StraitsX aims to connect the existing fiat-based financial system to a blockchain-based financial system, through its services and the StraitsX stablecoins."
Full article available at: https://www.straitsx.com/sg-blog/straitsx-surpa...