Stablecoin record
StraitsX Singapore Dollar
StraitsX-issued Singapore-dollar stablecoin backed one-to-one by SGD reserves and supported across multiple public blockchains.
LifecycleActive
Events1
Sources3
| Symbol | XSGD |
|---|---|
| Asset class | Stablecoin |
| Reference target | Fiat |
| Redemption / exit model | Eligible Customers Only |
| Valuation source | Public information is incomplete |
| Yield / rebase profile | None recorded |
| Classification notes | Fiat-backed Singapore-dollar stablecoin with monthly reserve attestations. |
| Lifecycle status | Active |
| Issuance status | Restricted |
| Peg reference | Fiat · SGD |
| Backing types | Bank Deposits |
| Stabilization | Issuer Redemption |
| Governance | Centralized |
| Primary organization | XFERS PTE. LTD. (StraitsX) |
| Primary role | Legal Issuer |
| Last reviewed | 2026-06-15 |
| Organization | Role | From | Until | Relationship status |
|---|---|---|---|---|
| XFERS PTE. LTD. (StraitsX) | Legal Issuer | — | — | Active |
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XFERS PTE. LTD. (StraitsX)
Payment Company · Singapore
Event history
1 event connected to this stablecoin.
| Disclosure status | Monthly Attestations |
|---|---|
| Backing types | Bank Deposits |
| Summary | XSGD is represented as one-to-one backed by Singapore-dollar reserve assets held for token holders and supported by regular attestations. |
| As of | 2026-06-15 |
| Profile confidence | High |
| Current status | Eligible Customers Only |
|---|---|
| Settlement asset | SGD |
| Eligible parties | Verified StraitsX account holders using supported issuer channels. |
| Retail access | Eligible Customers Only |
| Institutional access | Eligible Customers Only |
| Minimum amount | Issuer and route dependent. |
| Fee | Issuer, banking, network, and conversion fees may apply. |
| Settlement time | Issuer processing and banking route dependent. |
| Regional limits | Account verification and supported-region requirements apply. |
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 3 |
| Reserve reports | 1 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 1 |
| Date | Event | Type | Detail kind | Recovered |
|---|---|---|---|---|
| 2026-06-15 | XSGD remains actively issued and redeemable | Status Review | Other | — |
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| — | StraitsX | Reserve Disclosure | Bank Deposits | High |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
| Chain | Standard | Deployment | Status | Freeze | Blacklist | Control events | Contract | Notes |
|---|---|---|---|---|---|---|---|---|
| Ethereum | ERC-20 | Issuer Native Fiat Token | Active | Unknown | Unknown | 0 | Not yet verified | Initial XSGD deployment coverage; additional supported networks remain a open question. |
| Source | Publisher | Type | Evidence scope | Reliability |
|---|---|---|---|---|
| What is XSGD? | StraitsX | Official Documentation | Entity Identity, One to One Sgd Backing, Issuer Redemption, Entity Backing and Redemption | High |
| XSGD January 2026 attestation report notice | StraitsX | Official Attestation | Monthly Attestation, Sgd Reserves, Active Status, Reserve Attestation | High |
| Access XSGD on Base directly from StraitsX | StraitsX | Official Statement | Active Product, Mint Transfer Redeem, Base Support, Current Product and Network Access | High |
| Topic | What remains unclear | Priority | Last checked |
|---|---|---|---|
| Complete Network and Contract Map | XSGD is available on multiple networks, but every current native and bridged contract is not normalized in this batch. | Medium | 2026-06-15 |
| Current Regulatory Perimeter | Public materials establish current issuance and reserve practices, but the precise product-level regulatory perimeter should be separately normalized. | Medium | 2026-06-15 |