Southeast Asian fintech sector embraces wave of tokenization and AI

Stablecoin payments for vending machines showcased at Singapore event

20251120 stablecoin vending machine

StraitsX showcases QR code-based stablecoin payment for vending machines at the Singapore FinTech Festival on Nov. 13. Users choose stablecoin on their smartphone app. (Photo by Fumika Sato)

FUMIKA SATO

SINGAPORE -- Tokenized digital assets, such as stablecoins, and the use of artificial intelligence took center stage at the annual Singapore FinTech Festival held in the city-state, with companies showcasing their latest services while regulators called for rule-making to support their healthy development.

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