#XUSD StraitsX USD (XUSD) is a stablecoin pegged 1:1 to the U.S. dollar, issued by StraitsX, a licensed Major Payment Institution in Singapore. Designed for global, always-on payments, XUSD is fully backed by reserve assets and has been acknowledged by the Monetary Authority of Singapore (MAS) as compliant with the country's forthcoming stablecoin regulatory framework.

As of March 19, 2025, Binance has listed XUSD, opening trading for the XUSD/USDT spot trading pair at 08:00 UTC. To encourage adoption, Binance has waived trading fees for both spot and margin trading pairs involving XUSD/USDT, with this promotion set to continue indefinitely. Withdrawals for XUSD will be available starting March 20 at 08:00 UTC.

Following the listing announcement, XUSD experienced a price surge, reaching $1.05, although it has since stabilized around $1.00. The stablecoin's market capitalization stands at approximately $31.99 million, with a 24-hour trading volume of $2.65 million. Currently, there are 31,948,398.68 XUSD tokens in circulation.

StraitsX USD supports quick transactions, cross-border remittances, decentralized finance (DeFi) applications, on-chain trading, and corporate treasury management. StraitsX is part of the Fazz ecosystem, which focuses on business banking in Southeast Asia, and has also launched other stablecoins like XSGD (Singapore Dollar) and XIDR (Indonesian Rupiah).

The introduction of XUSD on Binance enhances the stablecoin's accessibility and provides users with additional options for secure and efficient digital transactions.