XSGD
XSGD is the world's first Travel Rule compliant stablecoin - backed by the Singapore-Dollar. XSGD is part of the StraitsX stablecoin initiative for SEA by Xfers.
Overview
XSGD is the world's first Travel Rule compliant stablecoin - backed by the Singapore-Dollar. XSGD is part of the StraitsX stablecoin initiative for SEA by Xfers.
- Sector
- # Stablecoins
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
Market updates
The UAE and Singapore are described as testbeds for stablecoin cross-border payments
A Telegram channel stated that the UAE and Singapore are advancing the use of stablecoins, tokenized deposits, and digital currencies in cross-border payments and corporate treasury. It also stated that compliance, foreign-exchange conversion, liquidity, and local off-ramping remain the main obstacles.
People updates
No related people updates.