Odaily News XSGD and XUSD, stablecoins pegged to the Singapore dollar and the US dollar issued by StraitsX, have been integrated into the PlatON network. XSGD is a stablecoin pegged to the Singapore dollar issued by StraitsX in 2020, fully backed by reserves held by DBS Bank and Standard Chartered Bank at a 1:1 ratio. XUSD is its US dollar counterpart, also backed by US dollar reserves held by regulated financial institutions at a 1:1 ratio. (The Block)
StraitsX launches SGD and USD-pegged stablecoins XSGD and XUSD on PlatON
2025/06/04 21:07
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