Stablecoin dossierReturn to register

Record sog_st_xusd

XUSDStraitsX USD

Also recorded as XUSD, StraitsX XUSD, StraitsX USD

Active
Lifecycle
Active
Issuance
Open
Reference target
US dollar
Primary organization
StraitsX SingaporeNo additional recorded relationship
Launch
Not yet recorded
Redemption
Issuer Redemption
Backing
Unknown
Stabilization
Issuer redemption
Last review
2026-07-13
Evidence
3 source records

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

US-dollar stablecoin issued under the StraitsX product family, with official Ethereum, BNB Smart Chain, and Solana identifiers, published reserve attestations, and issuer-mediated 1:1 US-dollar redemption.

NameStraitsX USD
SymbolXUSD
AliasesXUSD, StraitsX XUSD, StraitsX USD
Asset classStablecoin
Lifecycle statusActive
Issuance statusOpen
Canonical record IDsog_st_xusd
Route slugstraitsx-usd-xusd
Record confidenceHigh
Last reviewed2026-07-13
Name
StraitsX USD
Symbol
XUSD
Aliases
XUSD, StraitsX XUSD, StraitsX USD
Asset class
Stablecoin
Lifecycle status
Active
Issuance status
Open
Canonical record ID
sog_st_xusd
Route slug
straitsx-usd-xusd
Record confidence
High
Last reviewed
2026-07-13
Record coverage
SectionEntries
Organizations1
Sources3
Reserve reports1
Reserve components1
Model-history events1
Regulatory notes0
Deployments3
Issuer-control actions0
Open questions3
Events1
Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance
Centralized
Primary display organization
StraitsX Singapore
Primary display role
Legal issuer
Display selection mode
Deterministic Policy
Current relationships
1
Ended relationships
0
Unknown relationship state
0
Freeze capability
0 recorded yes · 0 recorded no · 3 not recorded
Blacklist capability
0 recorded yes · 0 recorded no · 3 not recorded
Deployment control-event references
0
Observed issuer-control events
0
Relationship coverage
1 recorded relationship
All current, ended, and unknown-state organization relationships
OrganizationOrganization categoryRegulatory characterJurisdictionRoleDisplay priorityFromUntilRelationship status
StraitsX SingaporePayment or e-money institutionRegulated payment or e-money institutionSingaporeLegal issuerPrimary displayNot yet recordedNot yet recordedActive relationship
Payment or e-money institution

StraitsX Singapore

Primary display
Functional role
Legal issuer
Relationship status
Active relationship
Regulatory character
Regulated payment or e-money institution
Jurisdiction
Singapore
From
Not recorded
Until
Not recorded

Mechanism

How the asset works

Reference, backing, stabilization, exit, valuation, and yield remain separate facts.
Reference target
US dollar
Reference kind
Fiat
Comparison category
US dollar
Target value
1
Reference methodology
XUSD targets one US dollar through issuer reserve backing and redemption.
Public backing model
Unknown
Canonical backing types
Cash, Bank Deposits
Reserve component categories
Other
Primary stabilization mechanism
Issuer redemption
Recorded model description
Fiat Reserve Backed
Redemption / exit model
Issuer Redemption
Valuation source
Public information is incomplete
Yield / rebase profile
No recorded change · Accrual: No recorded change
Classification notes
Fiat-reserve-backed issuer stablecoin with direct issuer-mediated USD conversion, monthly attestation publication, and multiple issuer-native deployments.

Reserve and redemption

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

  • US-dollar reserve assets supporting XUSD; exact current allocation is report-specificOther · Official material establishes full reserve backing and recurring attestations but the aggregate page does not establish a single fixed instrument allocation.
Reserve profile
Disclosure statusMonthly Attestations Published
Backing typesCash, Bank Deposits
SummaryStraitsX states that XUSD is fully backed by reserve assets and publishes reserve attestation reports from an ISCA-listed auditing firm on a monthly basis.
As of2026-07-13
Profile confidenceHigh
Disclosure status
Monthly Attestations Published
Backing types
Cash, Bank Deposits
Summary
StraitsX states that XUSD is fully backed by reserve assets and publishes reserve attestation reports from an ISCA-listed auditing firm on a monthly basis.
As of
2026-07-13
Profile confidence
High
Redemption profile
Current statusEligible Customers Only
Settlement assetUSD
Eligible partiesEligible StraitsX customers subject to onboarding, product availability, fees, limits, and jurisdiction restrictions.
Retail accessAvailable Subject to Onboarding
Institutional accessAvailable Subject to Onboarding
Minimum amountNot established in the reviewed public source set.
FeeThe public product page lists transfer pricing; complete issuer-redemption pricing and account-tier terms require terms-level review.
Settlement timeNot established in the reviewed public source set.
Regional limitsStraitsX onboarding and jurisdiction restrictions apply., No universal global redemption eligibility is inferred.
Current status
Eligible Customers Only
Settlement asset
USD
Eligible parties
Eligible StraitsX customers subject to onboarding, product availability, fees, limits, and jurisdiction restrictions.
Retail access
Available Subject to Onboarding
Institutional access
Available Subject to Onboarding
Minimum amount
Not established in the reviewed public source set.
Fee
The public product page lists transfer pricing; complete issuer-redemption pricing and account-tier terms require terms-level review.
Settlement time
Not established in the reviewed public source set.
Regional limits
StraitsX onboarding and jurisdiction restrictions apply., No universal global redemption eligibility is inferred.
Reserve and attestation history
DatePublisherTypeAssets coveredRecord confidence
Not yet recordedStraitsXMonthly Reserve Attestation IndexCash, Bank DepositsHigh

StraitsX

Not yet recorded
Type
Monthly Reserve Attestation Index
Assets covered
Cash, Bank Deposits
Record confidence
High

Evidence

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.
3 source identities · 3 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
XUSD — StraitsX digital US Dollar
Published Not yet recorded
StraitsXOfficial documentation or product page
Canonical: Official Website
Subject-controlled sourcePrimary sourceIdentity, Issuer, Reserve, Redemption, Deployment, Event, Xusd Identity Reserve Redemption Attestation and Deployment ContextArchive index or wildcardHigh
StraitsX Singapore
Published Not yet recorded
StraitsXOfficial documentation or product page
Canonical: Official Website
Subject-controlled sourcePrimary sourceOrganization Identity, Issuer, Jurisdiction, Event, Straitsx Singapore Organization and Platform ContextArchive index or wildcardHigh
StraitsX launches XUSD
Published Not yet recorded
LedgerIndependent news or analysis
Canonical: News Article
Independent third-party sourceSecondary sourceLaunch Context, Deployment, Reserve, Redemption, Secondary Launch Network Reserve and Redemption ContextArchive index or wildcardMedium

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.
Open questions
TopicWhat remains unclearValue statePriorityLast checked
Launch DateThe reviewed official page publishes an attestation checkpoint from 29 February 2024, but the exact first mint or public launch date is not established.Unknown after reviewMedium2026-07-13
Legal Issuer IdentityThe StraitsX issuer family is clear, but the exact legal entity against which every XUSD holder claim runs requires terms-level verification.Unknown after reviewHigh2026-07-13
Reserve Segregation and Bankruptcy RemotenessFull reserve backing and recurring attestations are documented, but legal segregation, reserve ownership, deposit insurance, and bankruptcy remoteness are not established by the reviewed sources.Unknown after reviewHigh2026-07-13

Launch Date

The reviewed official page publishes an attestation checkpoint from 29 February 2024, but the exact first mint or public launch date is not established.

Value state
Unknown after review
Priority
Medium
Last checked
2026-07-13

Legal Issuer Identity

The StraitsX issuer family is clear, but the exact legal entity against which every XUSD holder claim runs requires terms-level verification.

Value state
Unknown after review
Priority
High
Last checked
2026-07-13

Reserve Segregation and Bankruptcy Remoteness

Full reserve backing and recurring attestations are documented, but legal segregation, reserve ownership, deposit insurance, and bankruptcy remoteness are not established by the reviewed sources.

Value state
Unknown after review
Priority
High
Last checked
2026-07-13

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

  1. XUSD reserve attestation history is published from February 2024Launch
Event timeline
DateEventCategorySubtypeStatus effectRecovery
2024-02-29XUSD reserve attestation history is published from February 2024Launch and introductionMainnet Availability ReportRemained activeNot applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.