PANews reported on January 28 that, according to an official announcement, StraitsX, a native settlement layer for stablecoins, has announced the provision of a dedicated virtual account (DVA/+) for OSL Pay, the payment arm of the Hong Kong-licensed cryptocurrency exchange OSL Group. This service allows OSL Pay users to hold, receive, and pay in US dollars in fiat currency form, rather than in cryptocurrency or stablecoin balances, while still retaining access to crypto settlement channels when needed.