XSGD is a fully collateralized Singapore Dollar stablecoin offered by StraitsX (Xfers Pte. Ltd.), a Major Payment Institution (“MPI”) for e-money issuance licensed by the Monetary Authority of Singapore (“MAS”). Each XSGD is backed and safeguarded with a corresponding Singapore Dollar in segregated accounts with a fully regulated MAS-approved bank. As such, each XSGD is redeemable one for one for a Singapore Dollar with StraitsX.
Learn more about XSGD on straitsx.com/sg/xsgd.
