StraitsX Brings XSGD and XUSD to Solana, Setting Up Onchain FX in 2026
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StraitX plans to launch XSGD and XUSD stablecoins on the Solana blockchain in early 2026, enabling instant on-chain swaps between Singapore and US dollars. XSGD will be the first Singapore dollar-backed stablecoin on Solana, developed in collaboration with the Solana Foundation.
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- StraitX plans to launch its XSGD and XUSD stablecoins on the Solana blockchain in early 2026.
- The rollout will allow instant on-chain swaps between Singapore dollars and US dollars on Solana.
- XSGD will become the first Singapore dollar–backed stablecoin available on the Solana network.
Crypto infrastructure firm StraitX said it plans to launch its Singapore dollar stablecoin, XSGD, and its US dollar stablecoin, XUSD, on the Solana blockchain in early 2026.
The launch is being developed in collaboration with the Solana Foundation, according to a company release.
Users on Solana will now be able to swap Singapore dollars (SGD) and US dollars (USD) instantly through blockchain-based tokens. The offering marks the first time Solana will support a stablecoin tied to the Singapore dollar.
Related: Visa Adds Stablecoin Consulting for Banks After Settlement Volume …
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