StraitsX XSGD (XSGD) stablecoin analytics
Answer First
What is StraitsX XSGD (XSGD)?
XSGD is StraitsX's MAS-licensed SGD stablecoin, redeemable 1:1 against segregated cash, short-dated government instruments or eligible overnight reverse repos. The static profile records its Singapore Dollar peg mechanism as: Direct 1:1 redemption for SGD through StraitsX (MAS-licensed Major Payment Institution); the issuer links mid-month and month-end reserve attestation reports, although its product-page description calls the cadence monthly
Is XSGD safe?
XSGD holds an A- Safety Score grade (82/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says StraitsX XSGD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from KK Yap & Associates; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
StraitsX XSGD (XSGD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Singapore Dollar.
AI summary / Updated Sep 7, 2026
XSGD is the rare non-USD stablecoin that exists for a reason beyond novelty. It provides SGD-denominated on-chain liquidity for Southeast Asian payment flows where routing through dollar pairs adds pointless FX friction. The N/A overall grade is earned: a MAS Major Payment Institution licence, segregated trust reserves explicitly excluded from the issuer's creditor estate, and twice-monthly independent examinations by KK Yap & Associates, most recently on the end-June position.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: KK Yap & Associates XSGD SCS Reserve Account Report, 30 June 2026
- Collateral
- SGD cash and short-dated MAS/government instruments or eligible overnight reverse repos, held in segregated reserve accounts on trust for token holders
- Peg Mechanism
- Direct 1:1 redemption for SGD through StraitsX (MAS-licensed Major Payment Institution); the issuer links mid-month and month-end reserve attestation reports, although its product-page description calls the cadence monthly
- Jurisdiction
- Singapore / MAS / Major Payment Institution
- Proof Of Reserves
- Independent Audit by KK Yap & Associates Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety xsgd-straitsx
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
XSGD quick answers
What is StraitsX XSGD (XSGD)?
XSGD is StraitsX's MAS-licensed SGD stablecoin, redeemable 1:1 against segregated cash, short-dated government instruments or eligible overnight reverse repos. The static profile records its Singapore Dollar peg mechanism as: Direct 1:1 redemption for SGD through StraitsX (MAS-licensed Major Payment Institution); the issuer links mid-month and month-end reserve attestation reports, although its product-page description calls the cadence monthly
Is XSGD safe?
XSGD holds an A- Safety Score grade (82/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says StraitsX XSGD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from KK Yap & Associates; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs XSGD?
Pharos classifies XSGD backing as Real-World Asset Backed. Collateral, per the static profile: SGD cash and short-dated MAS/government instruments or eligible overnight reverse repos, held in segregated reserve accounts on trust for token holders Reserve evidence: Independent Audit from KK Yap & Associates.
Can XSGD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for XSGD, when applicable, appear in the dossier below.
