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Cryptocurrency News Articles

XLD Finance Revolutionizes Financial Inclusion in Malaysia with xSpend Launch

May 11, 2024 at 11:01 pm

XLD Finance, a stablecoin-based ecosystem, has launched its xSpend platform in Malaysia, allowing users to spend GameFi tokens and stablecoins on various billers and utilities, including Astro, Indah Water Konsortium, and Maxis. XLD Finance also introduces the Solana feature, enabling Phantom wallet integration for faster transactions. To celebrate the launch, introductory promos offer $2,500 in prizes for first-time Malaysian xSpend users and Solana wallet holders.

XLD Finance Revolutionizes Financial Inclusion in Malaysia with xSpend Launch

XLD Finance Revolutionizes Financial Inclusion in Malaysia with Launch of xSpend Platform

Kuala Lumpur, Malaysia - June 3, 2022 - XLD Finance, a leading stablecoin-based ecosystem, has officially launched its xSpend platform in Malaysia, empowering Play-to-Earn users with the ability to seamlessly spend their GameFi tokens and stablecoins for over 350 billers and utilities.

This groundbreaking launch marks a significant milestone in XLD Finance's mission to drive financial inclusion through real-world financial services. With xSpend now accessible in Malaysia, users can effortlessly utilize their cryptocurrency assets for essential necessities, eliminating the complexities associated with crypto spending.

"We are thrilled to introduce xSpend to the Malaysian market, addressing the challenges faced by crypto users in spending their digital assets," remarked Ian Estrada, Chief Executive Officer of XLD Finance. "Our platform provides a secure and convenient solution, enabling users to harness the benefits of cryptocurrency in their daily lives."

To commemorate this launch, XLD Finance is conducting introductory promotions, offering prizes worth up to $2,500 (approximately RM 10,920) to first-time xSpend users in Malaysia and all Solana wallet holders.

The xSpend platform supports a diverse range of cryptocurrencies, including USD Tether (USDT), USD Coin (USDC), DAI, Axie Infinity Shards (AXS), Smooth Love Potion (SLP), Binance Coin (BNB), MATIC, YGG Token, Terra USD (UST), Pegaxy Stone (PGX), Vigorous (VIS), and Cyblock Battery Token (CBT). Users can utilize these crypto assets to settle payments with an array of utilities and mobile networks in Malaysia.

Notable billers integrated with the xSpend platform include Astro, Indah Water Konsortium, Pengurusan Air Selangor Sdn Bhd (Syabas), Telecom, and Majlis Amanah Rakyat, as well as telecommunications giants such as Maxis, Digi, Celcom, and U Mobile.

"The integration of the Solana feature enhances the user experience by allowing users to connect their Phantom wallet and access saved biller details, facilitating faster and more streamlined transactions," added Ian Estrada.

For further information, please visit the official xSpend website at https://xspend.finance, where you can also find a comprehensive list of supported billers.

About XLD Finance

XLD Finance is a stablecoin-based ecosystem dedicated to promoting financial inclusion through real-world financial services. The company's comprehensive roadmap encompasses the development of both Web 2.0 and Web 3.0 projects, including its own stablecoin, a DeFi wallet, early wage access, and a simplified crypto onramp and offramp platform catering to both crypto enthusiasts and the financially underserved. XLD Finance's flagship project, the xSpend platform, is currently available in Bangladesh, India, Indonesia, Malaysia, and the Philippines.

To stay informed about XLD Finance's latest developments and initiatives, please visit the following channels:

  • Website: https://xldfinance.com/
  • Discord: https://discord.gg/XLDFinance
  • Facebook: https://www.facebook.com/XLDFinance
  • Instagram: https://www.instagram.com/xldfinance/
  • TikTok: https://www.tiktok.com/@xldfinance
  • Twitter: https://twitter.com/XLDFinance
  • Medium: https://medium.com/@XLDFinance
  • LinkedIn: https://www.linkedin.com/company/xld-finance/
  • Telegram: https://t.me/XLDFinance_Official

#XLDFinance #FinancialInclusion #CryptoRevolution

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