We are pleased to share that the August 2023 attestation report is now available. Issued by a certified public accountant in Singapore, through a process in accordance with the Institute of Chartered Accountants (ISCA) standards, the reports outline all Singapore Dollar denominated reserve assets backing the XSGD tokens. ‍

StraitsX, a part of Fazz, is pleased to be a part of industry trials to demonstrate a commercial application for Purpose Bound Money (PBM). This will come in the form of NFT vouchers loaded with underlying XSGD value for payment of goods and services at over 200 merchants outlets. These NFT vouchers are set to be used by over 20,000 users from 7 September 2023 to 31 December 2023. 

StraitsX is partnering with BasedApp to release a BasedApp XSGD-Linked Visa Debit Card

We are pleased to share that the July 2023 attestation report is now available. Issued by a certified public accountant in Singapore, through a process in accordance with the Institute of Chartered Accountants (ISCA) standards, the reports outline all Singapore Dollar denominated reserve assets backing the XSGD tokens. ‍

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.

We are pleased to share that the June 2023 attestation report is now available. Issued by a certified public accountant in Singapore, through a process in accordance with the Institute of Chartered Accountants (ISCA) standards, the reports outline all Singapore Dollar denominated reserve assets backing the XSGD tokens. ‍

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.

XSGD is now listed on Bittrex Global. Bittrex Global is a leading and established digital assets exchange platform that provides spot and futures markets for trading a wide variety of digital assets. Users may start to deposit and trade XSGD on the Bittrex platform with the XSGD/USDT trading pair currently available.

We are pleased to share that the April 2023 and May 2023 attestation reports are now available. Issued by a certified public accountant in Singapore, through a process in accordance with the Institute of Chartered Accountants (ISCA) standards, the reports outline all Singapore Dollar denominated reserve assets backing the XSGD tokens.

The StraitsX Singapore Dollar (XSGD) on Hedera is a stablecoin brought to you by StraitsX, a Southeast Asia based digital asset payment infrastructure. XSGD on Hedera offers the benefits of a Southeast Asian fiat-backed stablecoin to end-users and applications built on the Hedera network, enabling instant cross-border settlement and high transaction scalability.

XSGD is the first Southeast Asian fiat-backed stablecoin to launch on Hedera’s carbon negative network

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.