XSGD

24H 7D 1M 1Y 5Y

Market cap

Volume (24h)

Total supply

Circulating supply

XSGD to USD converter

XSGD

USD

Rank

#979

Website

Socials

Explorers

etherscan.io app.nansen.ai viewblock.io snowscan.xyz

Information about "XSGD"

What exactly is XSGD?

XSGD is a stablecoin that's fully backed by the Singapore Dollar and operates on open-source blockchain systems.

Which blockchains are compatible with XSGD?

XSGD tokens are accessible on two different blockchains. On the Ethereum network, they exist as ERC-20 tokens, which can be stored in any wallet that supports ERC-20. Meanwhile, on the Zilliqa blockchain, they exist as ZRC-2 tokens, compatible with any ZRC-2 supporting wallet.

Who is responsible for issuing XSGD?

Xfers, a leading payments company based in Singapore, issues XSGD through the StraitsX platform. As a licensed Major Payment Institution under the supervision of the Monetary Authority of Singapore (MAS), Xfers is authorized to create unlimited XSGD tokens under the e-money issuance guidelines. Each XSGD token is backed by one Singapore dollar, securely held in a Singaporean bank, and can always be redeemed via the StraitsX platform.

How can XSGD be utilized?

XSGD can be used as a stable store of value and a unit of account, pegged to the Singapore Dollar, within digital asset markets.

Where is XSGD available for acquisition?

Individuals can mint and redeem XSGD on the StraitsX platform, and it can be spent with StraitsX partners; businesses can integrate using StraitsX APIs to facilitate XSGD. The stablecoin is also listed on major exchanges. For a comprehensive list of supported platforms and applications, check out straitsx.com.

"XSGD" price data

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