According to Daniel Oon, StraitsX has achieved a remarkable 40x increase in card Gross Transaction Volume (GTV) and an 83x surge in card issuance over the past year. Through initiatives like Project BLOOM, StraitsX is enhancing cross-border payments across Southeast Asia, simplifying the process without requiring users to adopt new technologies. This strategic advancement positions StraitsX as a major player in facilitating seamless regional digital transactions.

According to Phantom, the introduction of Phantom Cash marks a significant step towards facilitating seamless digital transactions within its ecosystem. This innovation is expected to enhance user engagement by allowing purchases directly within the Phantom wallet, catering to both cryptocurrency enthusiasts and everyday users.