StraitsX, the issuer of XUSD, is a licensed Major Payment Institution. This regulatory status adds credibility and compliance assurance for users and partners.
XUSD is fully backed by highly liquid reserve assets. It is redeemable 1:1 with the U.S. Dollar, ensuring price stability and user confidence. This structure supports the coin’s stability and reliability, a critical feature for digital financial tools.
XUSD enables near-instant transactions, improving the speed and efficiency of financial operations. This facilitates streamlined settlement processes, which can reduce counterparty and operational risks.
The XUSD smart contract was designed to bridge digital and traditional finance. It leverages the U.S. Dollar’s global acceptance and combines it with blockchain technology to enable seamless interoperability.
Use Cases and Applications XUSD supports a wide range of financial use cases, including:
Cross-border Remittances: Fast and cost-efficient international money transfers.
On-chain Trading: Serving as a stable trading pair or collateral in crypto markets.
Decentralized Finance (DeFi): Compatible with DeFi protocols for lending, borrowing, and yield generation.
Corporate Treasury Management: Stable, digital cash alternative for managing liquidity and working capital.
Merchant Settlements: Faster settlement for e-commerce and offline businesses.

StraitsX USD (XUSD)
A U.S. Dollar stablecoin backed by highly liquid reserve assets.
Apr 11th, 2025