# StraitsX Stablecoin Issuer

> StraitsX: stablecoin issuer profile with licences checked against regulator registers, reserves, attestations, official partners and Regulatory Compliance…

Canonical: https://stableradar.com/issuer/straitsx
Generated: 2026-11-12T10:48:19.256Z (live figures are a snapshot at build time; see the canonical page for current values)

← All issuers

StraitsX

XSGD · XUSD · Singapore

Compliance Score

Insufficient data · weighted from public, sourced inputs · 94% of inputs available

Legal entity

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

Token record

No token-level regulator record in the registers checked.

Register ticks on this page

4 of 6 licence rows link to a regulator's own public register (4 authorised on record). Only those rows carry a tick.

1:1 peg · live

XSGD

Watch

$0.7788

vs $1.00

-22.5 bps (-0.22%)

7-day sparkline · updated 2m ago · median of CoinGecko, DefiLlama · [CoinGecko ↗](https://www.coingecko.com/en/coins/xsgd)

XUSD

On peg

$0.9998

vs $1.00

-1.7 bps (-0.02%)

7-day sparkline · updated 2m ago · median of CoinGecko, DefiLlama · [CoinGecko ↗](https://www.coingecko.com/en/coins/straitsx-xusd)

Licences · 6 on record

[](https://eservices.mas.gov.sg/fid/institution/detail/420461-STRAITSX-SGD-ISSUANCE-PTE-LTD)Featured licence · Verified on MAS record

Major Payment Institution

Major Payment Institution — StraitsX SGD Issuance Pte. Ltd.: Digital Payment Token Service (MAS Financial Institutions Directory)

Official MAS source ↗

Major Payment Institution — StraitsX USD Issuance Pte. Ltd.: Digital Payment Token Service (MAS Financial Institutions Directory)

Authorized · Register checked 12 Nov 2026

eservices.mas.gov.sg ↗

Major Payment Institution — StraitsX Payment Services Pte. Ltd.: Digital Payment Token Service (MAS Financial Institutions Directory)

Authorized · Register checked 12 Nov 2026

eservices.mas.gov.sg ↗

Major Payment Institution — Xfers Pte. Ltd. (Fazz; StraitsX): account issuance, domestic and cross-border money transfer, merchant acquisition, e-money issuance, digital payment token services (MAS Financial Institutions Directory)

Authorized · Register checked 12 Nov 2026

eservices.mas.gov.sg ↗

Context — not licences of this issuer

MAS single-currency stablecoin (MAS-SCS) framework: not yet in force. MAS published a consultation on amendments to the Payment Services Act 2019 to implement it; StraitsX holds no licence under this framework

Context · 01 Sep 2026

Context

mas.gov.sg ↗

Issuer profile REFERENCE · issuer profile · as of 2026-10-26

# StraitsX 4 Verified
**In short:** StraitsX issues XSGD, XUSD. Issuing entity: 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. Headquarters: Singapore. Status: Active. Licences on record: 6 (4 authorised; 4 confirmed on a regulator's official public register). Reserve reports: monthly (per company) (ISCA-listed auditing firm (name not stated on the token pages; per company)). Reference data as of 2026-10-26.

Status Active

Verification Pending

Coverage Experimental

Licences **4 / 6**authorised / on record

SRS ILLUSTRATIVE **59**StableRadar Score, sample method

Profile as of **2026-10-26**

Regulatory Compliance Score

Insufficient data — newly added issuer, inputs under review · 94% of inputs available

Not legal advice; algorithmic assessment from public sources.

XSGD peg · 7 days

Pins: computed 7d high/low. No reference events dated within this window.

Peg deviation (live)

-22.5 bps

Supply 30d → now (DefiLlama)

$41.1M

24h volume (CoinGecko)

$6.9M

Chains with supply

### 
#### Company
- HQ **Singapore**

- Founded **No public data**

- 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)**

- Website **www.straitsx.com ↗**

#### Products & supply LIVE
- XSGD **$12.4M · -22.5 bps**

- XUSD **$41.2M · -1.7 bps**

- Total (CoinGecko) **$53.6M**

30d ago

$46.1M

7d ago

$41.1M

1d ago

$41.1M

now

$41.1M

### 
BSC

$29.0M

53.9%

Ethereum

$21.1M

39.2%

Polygon

$1.5M

2.8%

Avalanche

$1.2M

2.3%

Zilliqa

$976K

1.8%

Hedera

$39K

0.1%

Arbitrum

$17K

0.0%

XRPL

$8K

0.0%

Supply by chain · DefiLlama (live)

### 
REFERENCE · issuer official site · as of 2026-10-26

straitsx.com

### 
REFERENCE · issuer official site · as of 2026-10-26

Not checked yet for straitsx.com.

### 
REFERENCE · regulator registers / issuer disclosures · as of 2026-10-26

Confirmed by regulator register

| Jurisdiction | Regulator | Licence / status detail | Date | Status | Evidence |
| --- | --- | --- | --- | --- | --- |
| **SG** | MAS | Major Payment Institution — StraitsX SGD Issuance Pte. Ltd.: Digital Payment Token Service (MAS Financial Institutions Directory) | Register checked 12 Nov 2026 | Authorized | [Verified](https://eservices.mas.gov.sg/fid/institution/detail/420461-STRAITSX-SGD-ISSUANCE-PTE-LTD)[](https://eservices.mas.gov.sg/fid/institution/detail/420461-STRAITSX-SGD-ISSUANCE-PTE-LTD) |
| **SG** | MAS | Major Payment Institution — StraitsX USD Issuance Pte. Ltd.: Digital Payment Token Service (MAS Financial Institutions Directory) | Register checked 12 Nov 2026 | Authorized | [Verified](https://eservices.mas.gov.sg/fid/institution/detail/420459-STRAITSX-USD-ISSUANCE-PTE-LTD)[](https://eservices.mas.gov.sg/fid/institution/detail/420459-STRAITSX-USD-ISSUANCE-PTE-LTD) |
| **SG** | MAS | Major Payment Institution — StraitsX Payment Services Pte. Ltd.: Digital Payment Token Service (MAS Financial Institutions Directory) | Register checked 12 Nov 2026 | Authorized | [Verified](https://eservices.mas.gov.sg/fid/institution/detail/420460-STRAITSX-PAYMENT-SERVICES-PTE-LTD)[](https://eservices.mas.gov.sg/fid/institution/detail/420460-STRAITSX-PAYMENT-SERVICES-PTE-LTD) |
| **SG** | MAS | Major Payment Institution — Xfers Pte. Ltd. (Fazz; StraitsX): account issuance, domestic and cross-border money transfer, merchant acquisition, e-money issuance, digital payment token services (MAS Financial Institutions Directory) | Register checked 12 Nov 2026 | Authorized | [Verified](https://eservices.mas.gov.sg/fid/institution/detail/226546-XFERS-PTE-LTD)[](https://eservices.mas.gov.sg/fid/institution/detail/226546-XFERS-PTE-LTD) |

| Jurisdiction | Regulator | Licence / status detail | Date | Status | Evidence |
| --- | --- | --- | --- | --- | --- |
| **SG** | MAS | Licence numbers PS20200475, PS20200656, PS20200657, PS20200658 (per company; numbers are not shown on the MAS directory pages) | — | Per company | [Reported](https://www.straitsx.com/trust) |
| **ID** | Bank Indonesia | Payment Service Provider, Category 1 (23/730/DKSP/Srt/B): payment initiation, acquiring, B2B remittance (per company; not verified on a Bank Indonesia register) | — | Per company | [Reported](https://www.straitsx.com/trust) |

### 
- Assurance **Reserve attestation reports from an ISCA-listed auditing firm (per company)**

- Audit / attestation firm **ISCA-listed auditing firm (name not stated on the token pages; per company)**

- Frequency **Monthly (per company)**

- Composition (per issuer) **No public data**

- Custodians **Regulated banks including DBS and Standard Chartered (per company)**

- Latest disclosed **30 Sep 2026 (latest report listed on straitsx.com/xsgd and /xusd)**

- Evidence **report ↗**

### 
#### Redemption terms
Redeemable 1:1 with SGD (XSGD) and USD (XUSD) (per company)

#### Controls: freeze / clawback / admin
- freeze **No public data**

- clawback **No public data**

- multisig **No public data**

- upgrade **No public data**

### Frozen / blacklisted / seized
No public freeze/blacklist statistics found.

### 
REFERENCE · issuer newsroom / official government sites · as of 2026-10-26

Official newsroom not yet checked for this issuer.

### 
No public info.

### 
None on record in our reference set.

### 
No public info.

### 
### Legal status per token
XSGD

Other 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

Last checked 27 Oct 2026

XUSD

Other 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

Last checked 27 Oct 2026

### Lending & collateral
DeFi lending markets

Live

Loading live markets…

### Official contract addresses
No address confirmed on an official issuer page yet — none shown.

Mainnet addresses copied from the issuer's official page (checked —); explorer links are the ones the issuer lists. Always verify against the issuer's page; never send funds to addresses received in messages.

Reference fields compiled 2026-10-26 from linked sources. Items marked “verify” or “per issuer” are not independently confirmed. Not legal or investment advice.

### Represent StraitsX? Suggest a correction to this card
Corrections are published only after we check them against an official source. Statements made only by the issuer are marked “per issuer”.

Last updated: 12 Nov 2026, 10:47 UTC (live data) · reference data as of 2026-10-26 · Sources: Regulator public registers & issuer disclosures (linked per item), [CoinGecko](https://www.coingecko.com/), [DefiLlama](https://defillama.com/stablecoins)

Data: [DefiLlama](https://defillama.com/) · Powered by [CoinGecko](https://www.coingecko.com/)