Crypto infrastructure company StraitX plans to launch the Singapore dollar stablecoin XSGD and the US dollar stablecoin XUSD on Solana in early 2026. In partnership with the Solana Foundation, they will enable instant on-chain exchange of SGD and USD, promoting the implementation of "on-chain forex" trading. XSGD has already been deployed on multiple networks including Ethereum, Polygon, Avalanche, Arbitrum, and XRPL. This launch will mark Solana's first time offering the Singapore dollar stablecoin.
StraitX will list XSGD and XUSD on Solana.
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