StraitsX XSGD (XSGD) stablecoin analytics
XSGD is StraitsX's MAS-licensed Singapore-dollar stablecoin, redeemable 1:1 against SGD cash held at Tier-1 banks DBS and Standard Chartered.
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 Aug 8, 2026
XSGD is the rare non-USD stablecoin that exists for a reason beyond novelty — SGD-denominated on-chain liquidity for Southeast Asian payment flows where routing through dollar pairs adds pointless FX friction. The A- is earned: a MAS Major Payment Institution licence...
AI summary · drafted by claude-opus-5[1m] · facts as of Aug 8, 2026
- Collateral
- Singapore dollar cash reserves held at Tier-1 banking institutions DBS and Standard Chartered, fully backed 1:1
- Peg Mechanism
- Direct 1:1 redemption for SGD through StraitsX (MAS-licensed Major Payment Institution); independent attestation reports issued twice monthly
- Jurisdiction
- Singapore / MAS / Major Payment Institution
- Proof Of Reserves
- Independent Audit by KK Yap & Associates Reserve source
Snippet Answer
Is XSGD safe?
Pharos does not mark XSGD as absolutely safe. 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.
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 Aug 8, 2026.
XSGD quick answers
What is StraitsX XSGD (XSGD)?
XSGD is StraitsX's MAS-licensed Singapore-dollar stablecoin, redeemable 1:1 against SGD cash held at Tier-1 banks DBS and Standard Chartered. The static profile records its Singapore Dollar peg mechanism as: Direct 1:1 redemption for SGD through StraitsX (MAS-licensed Major Payment Institution); independent attestation reports issued twice monthly
Is XSGD safe?
Pharos does not mark XSGD as absolutely safe. 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: Singapore dollar cash reserves held at Tier-1 banking institutions DBS and Standard Chartered, fully backed 1:1 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.