Singapore’s UQPAY has launched a dual-rail full-stack payment platform built to connect traditional tax and stablecoin-based payment ecosystems.
Supporting more than 200 markets and more than 140 currencies, the platform unifies global accruals, global accounts, card issuance, and stablecoin accounts in a single system.
Through an API, businesses can centralize payment processing, liquidity management, and reconciliation.
The platform is designed to combat the increasing cross-border complexity from distributed providers, regulatory differences, and insufficient flow of multi-agency funds.
It consolidates the entire payment lifecycle, allowing companies to receive, manage, send, and settle funds worldwide across fiat and stilcoin rails.
The main feature is its dual-rail architecture, which combines traditional payment rails with blockchain-based Steelcoin infrastructure.
The platform supports multi-chain stablecoin transactions, enabling businesses to receive, send, exchange and settle stablecoins alongside fiat in one framework.
The UQPAY platform is suitable for high-growth sectors such as cross-border e-commerce, SaaS, digital content, and Web 3-core enterprises that enable global expansion with a centralized vision.
Compliance and security are built into the infrastructure.
The company said it only operates in jurisdictions where it is fully authorized and complies with local regulations, offering features such as 3D secure authentication and a dispute management tool.
UQPAY CEO and Founder Jack Lee said: “Our infrastructure removes the need for businesses to manage separate systems for fiat and stablecoin payments.. By combining blockchain-based settlement capabilities with regulated payment rails, we are creating the fundamental infrastructure for the future evolution of global commerce.”
“UQPAY creates a unified global payment platform for fiat and stablecoin transactions” originally developed and published by Electronic Payments International, a brand owned by Global Data.
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