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XSGD is the fully collateralized Singapore Dollar stablecoin, powered by open-source blockchain protocols. StraitsX enables fast and safe access to digital assets markets and decentralized finance applications through the StraitsX APIs and stablecoins for individuals and businesses.Key features of XSGD:<ul><li>Regulatory Compliant. Issued by Xfers, a licensed Major Payment Institution under the e-money issuance framework</li><li>Fully Backed with Fiat Reserves. Each XSGD is backed by one Singapore dollar that is being held and safeguarded in a Singapore bank</li><li>Transparent &amp; Trusted. Each XSGD will always be redeemable on a one-for-one basis with the Singapore Dollar on our platform</li><li>Multi-chain XSGD. Take advantage of the speed, scalability, and cost-efficiency offered by Ethereum and Zilliqa.</li></ul>

XSGD

XSGD is the stablecoin backed by the Singapore dollar as part of the StraitsX initiative by Xfers.

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