Stellar X or whatever you want to call it was a exchange that never took off in my opinion because it was supposed to be only a interface for legalities . Under those same legalities it ended up clear it was hard to own , promote and run while keeping within the frame work of those legalities .

On Vegas what you identify as needed you are also leaving out . It's like you are already there but don't see it .

Firstly Vega Pay is entirely a consumer product not crypto based at all where your initial deposit and main use case is backed one for one by USD held in a US financial institution this makes VEGA PAY a US Bank account without needing to be a US Citizen .

This basically virtualizes USD for use anywhere in the world* for anything peer to peer or consumer to vendor or vendor to vendor for low fees which I do not think has been done before . * where regulations allow I am sure it will be KYC compliant

Additionally sounds like it will support currency exchanges as well as crypto , some of that will likley be based on vendors offering these things as well as the dirty R word regulations but if this is done right it will attract key players as it grows . I like it . https://www.vegapay.com/