Trust and security remain steadfast in StraitsX's processes. With the growing adoption of stablecoins, the need for mechanisms to address fraudulent activities or misconduct has also become increasingly apparent. Today, like most other major, trusted stablecoin issuers globally, StraitsX is able to support a ‘clawback’ functionality for stablecoin assets that have been issued.
A Singapore-dollar denominated stablecoin such as XSGD holds immense potential in the global forex market due to Singapore’s strategic position as a financial hub, and its commitment to innovation and technology. In this blog post, we will explore how XSGD can contribute to the global forex landscape; driving efficiency, accessibility, and financial empowerment for traders and investors worldwide.
Stablecoins have emerged as a game-changer in the realm of digital currencies. Their potential for broader adoption lies in their application within real-time gross settlement systems. By harnessing the efficiency, speed, and transparency of stablecoins, RTGS systems can evolve into more efficient, secure, and cost-effective mechanisms for financial transactions.
Explore how stablecoins can reshape the remittance industry, making cross-border transactions faster, cheaper, and more accessible for people around the world. Learn more about how StraitsX lowers the barrier to entry to DeFI and your cross-border remittance needs.
Stablecoins like XSGD and USDC have become increasingly popular in the cryptocurrency market as they offer users a stable store of value that can be used for transactions, trading, and hedging against market volatility. However, even stablecoins are not immune to risks. Fortunately, Swap features offered by StraitsX can help users hedge against these risks and protect their investments.
At StraitsX, the security of your funds is our top priority. We understand that you've worked hard for your money, and we're committed to keeping it safe.
With significant periods of volatility in the crypto market over the years, investors have been hesitant to enter the market, for fear of risks associated with investing in unstable conditions. Can non-USD stablecoins help mitigate these risks, and offer stability for investors and players within the DeFi ecosystem?
Over-the-counter (OTC) trading is a popular method of trading assets that are not listed on traditional exchanges. However, OTC trading has some challenges, such as slow settlement times, high fees, and limited access to new markets. These challenges can be overcome with stablecoins.
In truth the blockchain and AI do not share much in common. They are both leading today’s innovation and technology trends but otherwise act entirely differently. The blockchain acts as secure storage and is decentralised, and is transparent and immutable. AI on the other hand, is typically centralised, fast-evolving and opaque.
Learn how blockchain technology & stablecoins can tokenise & digitalise assets like oil, gold, real estate, commodities, and many more!
MSMEs can solve their cash flow problems by adopting stablecoins. XSGD & XIDR can make payments more efficient with low fees, low settlement times, and the ability to accept & disburse offline payments.