🤝 Chinese fintech giant Ant Group collaborates with Singapore-based digital asset platform StraitsX and Southeast Asian super app Grab, as reported by Tech in Asia. The trio aims to boost the adoption of special purpose currency (Purpose Bound Money, PBM). 🌐 PBM is a protocol enabling senders to set conditions like validity periods when transferring digital currency. Excitingly, the PBMs plan to facilitate payments at GrabPay merchants through Ant Group's Alipay, using XSGD, a Singapore dollar stablecoin based on the Hedera network issued by StraitsX. Innovations in digital finance! 💸 #Bitcoinworld
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