$XUSD
There are multiple entities associated with the ticker symbol XUSD, so I'll cover a couple of them.
StraitsX USD (XUSD)
- *Current Price*: $1.00 with a 0.02% increase
- *Market Cap*: $44.26 million
- *Description*: StraitsX USD is a stablecoin pegged to the US dollar, issued by StraitsX, a licensed Major Payment Institution in Singapore. It's designed for global, always-on payments and operates on the Ethereum and Binance Smart Chain networks.
- *Key Features*: Fully backed by reserve assets, monthly reserve attestation reports, and audited by Quantstamp.
XUSD Blockchain Holdings, LLC
- *Description*: XUSD Blockchain Holdings offers asset-backed stablecoin products, including XUSD ONE, XUSD Gold, and XUSD Quantum.
- *Key Features*: XUSD ONE is a hybrid stablecoin with a patent-pending Proof-of-Value consensus mechanism, diversified asset pool, and enterprise-grade security.
- *Backing Assets*: Over 20 commodities classes, including precious metals.
Other XUSD Variants
- There's also an xUSD stablecoin pegged to the US dollar, created by burning the equivalent USD value of XHV, which can be converted into xAssets ¹ ² ³.