XSGD token
Overview
XSGD is a Singapore dollar stablecoin issued by StraitsX, the trading name of the StraitsX Group of Companies and its affiliated entities, based in Singapore. It is designed as a 1:1 redeemable claim on the Singapore dollar: StraitsX states XSGD is fully backed by reserve assets and is always redeemable on a 1:1 basis with SGD. Transparency is handled through monthly reserve attestation reports produced by ISCA-listed auditing firms, with reports published on the StraitsX site dating back to January 2022. XSGD is deployed across nine networks — Ethereum (ERC-20), Polygon, Solana, Avalanche, Arbitrum, the XRP Ledger, Hedera, Base and Zilliqa (ZRC-2) — making it one of the most widely deployed non-USD fiat stablecoins. StraitsX operates within Singapore's regulated payments framework and displays DPTM (Digital Payment Token) accreditation on its site. XSGD is primarily used for SGD-denominated onchain settlement, remittance corridors into Southeast Asia, and as a non-USD trading pair on exchanges and DeFi venues. XSGD's published attestation record runs back to January 2022, and the token has since expanded from Ethereum and Zilliqa to nine networks including Solana, Base, Hedera and the XRP Ledger.
Within the DeFi Intel graph, XSGD connects to 12 tracked entities, most strongly to Ethereum, Arbitrum, Polygon.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 12 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Polygon | 95% |
deployed_on | Avalanche | 95% |
issued_by | StraitsX | 95% |
deployed_on | XRPL | 95% |
deployed_on | Hedera | 95% |
deployed_on | Zilliqa | 95% |
regulated_by | StraitsX | 92% |
complies_with | MAS Stablecoin Regulatory Framework | 90% |
Frequently asked questions
What is XSGD?
XSGD is a stablecoin tracked in the DeFi Intel knowledge graph. It is connected to 12 other tracked entities, most strongly to Ethereum, Arbitrum, Polygon.
What type of entity is XSGD?
XSGD is classified as a stablecoin (token) in the DeFi Intel knowledge graph.
What is XSGD connected to?
In the DeFi Intel knowledge graph, XSGD is linked to 12 other tracked entities, most strongly to Ethereum, Arbitrum, Polygon.
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