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Back to Stablecoins
XSGD
Rank #35XSGDFiat-Backed

XSGD

Pegged to

SGD

Market Cap

$80.00M

24h Volume

$3.00M

Circulating Supply

80.00M XSGD

Total Supply

80.00M XSGD

Peg Target

SGD

Collateral Type

Fiat-Backed

Issuer

StraitsX / Xfers

Launch Date

01-06-2020

About XSGD

XSGD is a Singapore Dollar (SGD)-pegged stablecoin issued by StraitsX (powered by Xfers), a licensed Major Payment Institution regulated by the Monetary Authority of Singapore (MAS). Each XSGD token is backed 1:1 by SGD held in segregated bank accounts with full monthly attestations. XSGD is used for cross-border payments, DeFi trading, and as a local currency on-ramp for Southeast Asian users. It is available on Ethereum, Polygon, and Zilliqa, and is integrated into protocols like Unipool and Curve.

Supported Blockchains

Ethereum Polygon Zilliqa

Pros

  • Regulated by MAS — strong credibility
  • Monthly attestation reports
  • Serves growing Southeast Asian market
  • Institutional-grade compliance

Cons

  • SGD is niche in global crypto
  • Limited DeFi integration
  • Primarily Singapore-focused
  • Lower liquidity than USD stablecoins

Key Features

SGD 1:1 peg
MAS-regulated issuer
Monthly reserve attestations
Segregated bank accounts
Multi-chain deployment
Cross-border payment integration

Stablecoin Information

Category

Non-USD Fiat

Collateral Type

Fiat-Backed

Issuer

StraitsX / Xfers

Community & Socials

Website Twitter / X

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