Milestones

StraitsX (then Xfers) launched XSGD, the first stablecoin backed by the Singapore Dollar, initially on the Ethereum and Zilliqa blockchains.

XSGD became natively available on the Hedera network, enabling users to mint and redeem Hedera-based XSGD directly on the StraitsX platform.

StraitsX announced the launch of XSGD on the XRP Ledger (XRPL), expanding its multi-chain presence to enhance cross-border payment solutions.

StraitsX integrated its XSGD and XUSD stablecoins onto the PlatON Network to enhance cross-border clearing and settlement infrastructure.