StraitsX USD (XUSD) is a stablecoin pegged to the U.S. Dollar, operating on the Ethereum and Binance Smart Chain networks. Designed to support global, always-on payments, XUSD is fully backed by reserve assets and is always redeemable on a 1:1 basis with the U.S. Dollar. StraitsX, the issuer of XUSD, is a licensed Major Payment Institution by the Monetary Authority of Singapore, ensuring transparency and compliance.
As of today, XUSD maintains a stable price of approximately $1.00, with a 24-hour trading volume of $10,481.39 USD. The circulating supply stands at 31,722,297 XUSD coins, reflecting its steady adoption in the crypto market.
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By combining the stability of XUSD with Binance's "Write to Earn" program, individuals can explore new avenues in the crypto space, leveraging both financial stability and creative expression.
