Stablecoin profileLIVE

XSGD (StraitsX) stablecoin

In short: XSGD is a SGD-pegged stablecoin issued by StraitsX. No token-level authorisation identified in the official registers checked. Below: live peg deviation, peg history, issuer, licences and FAQ.

Issuer profile → StraitsX

Live peg LIVE
S$0.7762Peg target: S$0.7746 (SGD)Watch

Deviation: +20.7 bps (0.21%) · Market cap: $12.4M

Sources: CoinGecko, DefiLlama · CoinGecko ↗ · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg.

Token legal status

XSGDOther stablecoins
(1) Entity licence / registration
No entity licence record captured by StableRadar.
(2) Authorisation to issue this token
No authorisation to issue this stablecoin identified in official registers as of 27 Oct 2026. Registers checked: NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC
(3) Applicable law
—
Token legal status last checked: 27 Oct 2026

Issuer & legal entity

IssuerStraitsX
Legal entityStraitsX SGD Issuance Pte. Ltd., StraitsX USD Issuance Pte. Ltd., StraitsX Payment Services Pte. Ltd. (Singapore; MAS Financial Institutions Directory). Xfers Pte. Ltd. is listed by MAS with trading names Fazz; StraitsX
HeadquartersSingapore
Backing mechanismFiat-backed (SGD, USD); XSGD chains: Ethereum, Polygon, Solana, Avalanche, Arbitrum, XRPL, Hedera, Base, Zilliqa (per company); XUSD chains: Ethereum, BNB Smart Chain, Solana (per company)
Reserves & attestationReserve attestation reports from an ISCA-listed auditing firm (per company) straitsx.com ↗
CustodyRegulated banks including DBS and Standard Chartered (per company)
RedemptionRedeemable 1:1 with SGD (XSGD) and USD (XUSD) (per company)
Directory noteIssued by StraitsX SGD Issuance Pte. Ltd., a Major Payment Institution (Digital Payment Token Service) in the MAS Financial Institutions Directory. Not licensed under the MAS single-currency stablecoin framework, which is not yet in force. Monthly reserve attestations and 1:1 SGD redemption (per company). eservices.mas.gov.sg ↗

Transparency Score (issuer)

N/A
Transparency Score
Insufficient data — newly added issuer, inputs under review · 94% of inputs available
Not legal advice; algorithmic assessment from public sources.

Our opinion based on public data as of 12 Nov 2026. Not a regulatory decision or a credit rating.

Issuer profile → StraitsX

XSGD peg history

Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time.

FavouritesCoinPegTrendMax |dev|Low>±50 bps>±100 bpsEventsDetails
XSGDSGD+69.1 bps0.99711 h01

Source: CoinGecko ↗, DefiLlama ↗ · market data cached . Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg.

FAQ about XSGD

What is XSGD (StraitsX)?

XSGD is a stablecoin pegged to the Singapore dollar. Issuer: StraitsX. Backing (as described in our data): Fiat-backed (SGD, USD); XSGD chains: Ethereum, Polygon, Solana, Avalanche, Arbitrum, XRPL, Hedera, Base, Zilliqa (per company); XUSD chains: Ethereum, BNB Smart Chain, Solana (per company).

Who issues XSGD?

XSGD is issued by StraitsX SGD Issuance Pte. Ltd., StraitsX USD Issuance Pte. Ltd., StraitsX Payment Services Pte. Ltd. (Singapore; MAS Financial Institutions Directory). Xfers Pte. Ltd. is listed by MAS with trading names Fazz; StraitsX. The issuer profile on StableRadar lists its licences with links to official registers.

Is XSGD authorised under MiCA or another stablecoin regime?

No authorisation to issue XSGD was identified in the official registers StableRadar checked (NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC; last checked 27 Oct 2026). This does not mean the coin or issuer is unlawful, unlicensed or unsafe.

Is XSGD safe?

StableRadar does not say whether a coin is safe and does not give investment advice. The Transparency Score for StraitsX is not computed: insufficient public data. The live peg deviation and the official register links are on this page.

How is XSGD backed?

Model: Fiat-backed (SGD, USD); XSGD chains: Ethereum, Polygon, Solana, Avalanche, Arbitrum, XRPL, Hedera, Base, Zilliqa (per company); XUSD chains: Ethereum, BNB Smart Chain, Solana (per company). Attestation: Reserve attestation reports from an ISCA-listed auditing firm (per company).

Related pages

Informational only: not legal, investment or compliance advice. Company statements are marked “per company”.

Live prices: · Issuer reference data reviewed: (later changes are dated on each row) · Sources: Issuer disclosures (StraitsX), DefiLlama · XSGD, CoinGecko · XSGD, DefiLlama · Ethereum stablecoins

Data: DefiLlama · Powered by CoinGecko