The XUSD digital currency – is a stablecoin linked to the US dollar, issued by StraitsX, a licensed major payment institution in Singapore. This digital currency is fully backed by reserve assets and is designed for permanent global payments.
XUSD operates on the Ethereum blockchain, with transactions settled in seconds, making it a strong option for seamless financial operations.
The smart contract for XUSD was first launched in February 2024, aiming to connect the financial system of the Association of Southeast Asian Nations with the stability of the world's major reserve currency.
