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StraitsX has integrated its Singapore dollar-backed stablecoin, XSGD, into the XRP Ledger, enhancing real-time digital payments across Asia. The move strengthens regulated stablecoin adoption with full reserve backing from DBS and Standard Chartered. This expansion aligns with growing demand for compliant, programmable financial tools in the region.
- XSGD is now available on XRP Ledger, enabling real-time, regulated payments in Asia with full reserve backing from major Singapore banks.
- The integration supports institutional adoption, with a June 2025 rollout planned for programmable payouts and merchant compliance tools.
- XSGD’s expansion aligns with Asia’s $4 trillion cross-border trade growth, positioning regulated stablecoins as key infrastructure for compliant finance.
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