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Using stablecoins as a business in Malaysia

2 of the providers we track offer this to businesses registered in Malaysia: Rapyd, Stripe. With limits: Bridge, BVNK, Flutterwave, Rain. Not confirmed for Malaysia: EBANX.

RapydPayment processor
Available

Since 9 September 2025, businesses can accept stablecoin payments (converted to fiat), settle in stablecoins or fiat, and pay out in stablecoins. Rapyd says this runs through regulated third-party partners and that it does not itself issue, custody or directly process crypto assets. Supported coins are not named.

StripePayment processor
Available

US businesses can accept stablecoin payments that settle as dollars. Stablecoin financial accounts (via Bridge) are offered in 100+ countries.

BridgeStablecoin infrastructure
Limited

Wallets, orchestration across fiat and stablecoins, and Open Issuance to launch your own stablecoin.

BVNKStablecoin infrastructure
Limited

Pay-ins, payouts, FX and wallets across major chains, plus a self-custody product.

FlutterwaveRegional processor
Limited

Stablecoin wallets and transfers: fund a USDC/USDT/RLUSD wallet from NGN, USD, GBP, EUR or GHS balances and send to wallet addresses on Solana, Ethereum, Base or Polygon.

RainCard issuing
Limited

Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.

May work, not yet reviewed for Malaysia: EBANX.

Offer this, but not to businesses in Malaysia: Checkout.com, PayPal, Worldpay.

Moderate riskRules in progress

Stablecoin rules in Malaysia: Crypto exchanges are regulated by the Securities Commission. Crypto is not legal tender for payments.

Stablecoins without a provider →

Stablecoins in Malaysia: common questions

Which providers can a business in Malaysia use to use stablecoins?

2 of the providers we track offer this to businesses registered in Malaysia: Rapyd, Stripe. With limits: Bridge, BVNK, Flutterwave, Rain. Not confirmed for Malaysia: EBANX.

Are stablecoins legal in Malaysia?

Rules in progress. Crypto exchanges are regulated by the Securities Commission. Crypto is not legal tender for payments.

More for businesses in Malaysia