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XSGD — StraitsX

MAS-regulated Singapore-dollar stablecoin used across Asian payment rails.

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Category: Single-Issuer Reserve Model
Regulatory regime: MAS (Singapore)
Issuer: StraitsX (Xfers)
Region: Singapore
Peg: SGD

Blockchain protocols

EthereumPolygonZilliqaHedera

How it works

SGD held in segregated trust accounts; mint/redeem via StraitsX.

Revenue model

Payment & FX fees, reserve yield.

Regulation

MAS Major Payment Institution license.