Grab’s Singapore Users Can Now Use Crypto to Make Payments

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Grab’s Singapore Users Can Now Use Crypto to Make Payments
United Kingdom Latest News,United Kingdom Headlines
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Amitoj Singh is a CoinDesk reporter.

Grab is letting users make payments via cryptocurrencies, the super app's crypto payments partner, Triple-A, said in a statement.The latest move has been made possible after its tie-up with Triple-A, a firm that enables businesses to pay and get paid in digital currencies, the report added. Triple-A told the Straits Times that the crypto top-ups in GrabPay Wallet were rolled out on March 12.

“From arranging deliveries to booking rides or paying for coffee at their nearest shop, digital currency owners in Singapore can now use digital currencies for everyday transactions,” Triple-A said. TheThe development may come as a surprise, given Singapore’s cautious approach to crypto while welcoming innovation. Its current president, Tharman Shanmugaratnam, has previouslyin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.

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