StraitsX launches XSGD, a stablecoin that anchors the Singapore dollar, on XRP Ledger

Crypto 7x24

2025-05-20 10:19:51

6287

Online reports, according to CoinDesk, crypto infrastructure provider StraitsX launched its stablecoin XSGD anchored in the Singapore dollar on XRP Ledger (XRPL) to meet the growing market demand for regulated multi-chain stablecoins that support real-time cross-border payments. Digital asset developers, fintech companies, and financial institutions can use XSGD for cross-border transactions, on-chain settlements, and create programmable financial processes. XSGD is supported by Ripple's decentralized public blockchain XRPL.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

BlackRock and Circle cooperation agreement exposed: it will not be allowed to issue its own stablecoins in the next four years
18:17
A giant whale bought US$3.5 million in Ethereum spot and opened more than three times the order
18:16
Upbit suspends Aptos (APT) and Celestia (TIA) replenishment and withdrawal services
18:16
India's Supreme Court questions the government's delay in introducing a cryptocurrency regulatory policy
18:16
Binance will launch AGT U standard perpetual contract
18:15
James Wynn reduced his long-order position in Bitcoin to US$310 million, with a floating profit of US$4.8388 million
18:14
Sun Yuchen will attend the Trump Dinner on May 22 as the largest holder of $TRUMP
16:20
Data: A whale spent US$7 million in Hyperliquid to make a long ETH layout in spot and leveraged dual positions
16:20
Texas Bitcoin Reserve Act will go to second reading today
16:20
CryptoQuant: Bitcoin rebounds healthy, bull trend established
16:19
Matrixport: This round of Bitcoin rise may continue despite low retail participation
16:19
James Wynn's total floating profit from multiple orders rose to $22.92 million
16:18
A giant whale deposited another 350 bitcoins, or approximately US$37.17 million, into CEX
16:18
Ministry of Foreign Affairs: China supports direct dialogue and negotiations between Russia and Ukraine and supports a political solution to the crisis
16:17
Fireblocks: 90% of institutions are using or exploring the use of stablecoin for payments in their operations
16:16
James Wynn: BTC has huge psychological support at $100,000, and there are a large number of limit orders for $97,000 - 99,000
16:16
Binance requests to dismiss FTX's $1.76 billion recovery lawsuit, saying it is "legally flawed"
16:15
James Wynn used 40 times leverage to increase his long position in BTC, with a total value of 533 million yuan
16:15
CZ: Three key points need to be considered in managing cryptocurrency investment risks
16:14
Wall Street strategists predict European stocks will see their strongest performance in 20 years and are expected to crush U.S. stocks
16:14
Placeholder partner: GENIUS bill benefits ETH first, followed by SOL and TRX
16:14
Alpha Venture DAO transfers 80 million ALPHEs to Binance, worth US$2.63 million
16:13
Binance Alpha will launch TOKYO Games TOKEN (TGT)
14:21
HTX DeepThink: The current crypto-market sentiment is high, volatile and calm, and Bitcoin may break through new highs
14:20