STABLECOIN / SGD
XSGD
StraitsX Singapore Dollar, issued by StraitsX SGD Issuance Pte Ltd. Fiat-backed.
Supply snapshot: 2026-09-14. API captured 2026-09-14 12:11:00 UTC. Price-update time is not supplied by the provider. Selected document fields reviewed 2026-09-12; other fields need review.
OVERVIEW
What is XSGD?
StraitsX Singapore Dollar (XSGD) is a SGD-denominated fiat-backed stablecoin associated with StraitsX SGD Issuance Pte Ltd. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
ISSUER / OPERATORStraitsX SGD Issuance Pte Ltd
BACKING MODELSegregated reserve assets held on trust (per token terms)
REDEMPTION ROUTE1:1 SGD, conditional on onboarding and regulatory constraints
DOCUMENT REVIEW / 2026-09-12
What the sources establish.
A redemption right still has conditions
The token terms effective 18 July 2026 name the XSGD issuer separately from distributor StraitsX Payment Services. Redemption requires onboarding and is subject to legal constraints. The terms also reserve suspension and freezing powers and exclude unsupported wrapped tokens. The reference to an upcoming stablecoin framework should not be shortened into an unconditional approval badge.
Read the source ↗01 / ISSUER & STRUCTURE
What supports the unit.
- ISSUANCE MODEL
- Fiat-backed Not field-reviewed
- YIELD PROFILE
- No Not field-reviewed
- ATTESTATION
- Reserve attestations Not field-reviewed
- REGULATORY POSTURE
- Digital payment token; issuer cites upcoming Singapore stablecoin framework Source · 2026-09-12 ↗
02 / INTERPRETATION
How to read this record.
Only fields with their own dated source link were checked in the latest document review. Other descriptions remain historical reference material, even when a general source link is available.
Market cap is estimated as dated token supply multiplied by the USD price captured from the API. The two inputs are not guaranteed to be simultaneous. Supply change compares exact 30-day history points in token units, not dollar value or investment return. Network counts include tracked bridges.
03 / QUESTIONS
Common questions about XSGD.
What is XSGD?
StraitsX Singapore Dollar (XSGD) is a SGD-denominated fiat-backed stablecoin associated with StraitsX SGD Issuance Pte Ltd. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
Who issues XSGD?
The Stablrcoin record identifies StraitsX SGD Issuance Pte Ltd as the issuer, operator or governing organization associated with StraitsX Singapore Dollar. The exact legal role can differ between company-issued tokens and decentralized protocols, so the linked primary source remains authoritative.
What backs XSGD?
The directory describes the reserve or collateral model as Segregated reserve assets held on trust (per token terms). That field has a dated source in the document review from 2026-09-12.
Can XSGD be redeemed?
The recorded redemption route is: 1:1 SGD, conditional on onboarding and regulatory constraints. The route has a dated source in the document review from 2026-09-12. Eligibility, minimums, settlement windows and fees can still depend on the issuer, account type and jurisdiction.
Does XSGD pay yield?
The listed yield profile is No. Yield from a separate wrapper, savings product or protocol position is not the same as yield built into the stablecoin itself and can introduce additional risks.