On May 20, according to CoinDesk, crypto infrastructure provider StraitsX launched its Singapore dollar-pegged stablecoin XSGD on the XRP Ledger (XRPL) to meet the growing market demand for regulated, real-time cross-border payment multi-chain stablecoins.
Digital asset developers, fintech companies, and financial institutions can use XSGD for cross-border transactions, on-chain settlements, and creating programmable financial processes. XSGD is supported by Ripple's decentralized public blockchain XRPL.




