UQPAY Launches Fiat-to-Stablecoin Payment System
Singapore-based fintech company UQPAY has launched a full-stack payment infrastructure designed to bridge traditional fiat currency and stablecoins. The platform unifies global acquiring, card issuing, and stablecoin accounts into a single ecosystem for global commerce.
UQPAY's "dual-rail" architecture is a key differentiator, integrating traditional payment systems with blockchain-based infrastructure. This allows businesses to manage both fiat and stablecoin transactions within a single operational framework, eliminating the need for separate systems. The platform supports multi-chain stablecoin transactions, including major stablecoins like USDC, USDT, and XUSD. The company is led by CEO and Founder Jack Li. UQPAY holds several licenses, including a Major Payment Institution License from the Monetary Authority of Singapore (MAS) and is registered as a Money Services Business with FinCEN in the United States. This regulatory compliance is a core component of their embedded security features. The platform is designed for high-growth, cross-border industries such as e-commerce, SaaS, gaming, and digital content. Through a single API integration, businesses can access a unified system for payment orchestration, liquidity management, and reconciliation across more than 200 markets and over 140 currencies. A forward-looking aspect of UQPAY's infrastructure is its focus on the AI-driven economy. The system is built to handle AI-initiated autonomous transactions and is compatible with the Universal Commerce Protocol (UCP), an AI-native payment standard. This positions the platform for emerging use cases in machine-to-machine payments and agentic commerce.