PANews reported on December 16th that StraitsX announced a partnership with the Solana Foundation to integrate its Singapore dollar-backed stablecoin XSGD and USPANews reported on December 16th that StraitsX announced a partnership with the Solana Foundation to integrate its Singapore dollar-backed stablecoin XSGD and US

StraitsX is partnering with the Solana Foundation to bring XSGD and XUSD to Solana in early 2026.

2025/12/16 15:28

PANews reported on December 16th that StraitsX announced a partnership with the Solana Foundation to integrate its Singapore dollar-backed stablecoin XSGD and US dollar-backed stablecoin XUSD onto the Solana blockchain, with a planned launch in early 2026. This integration will leverage Solana's efficient, low-cost network to enable real-time global payments and digital commerce.

XSGD and XUSD have previously operated on multiple blockchains, with a cumulative on-chain transaction volume exceeding $18 billion. This listing on Solana will, for the first time, achieve deep connectivity between the Singapore dollar and the US dollar on the same chain, supporting on-chain forex, AMM liquidity, lending markets, and institutional-grade payment flows.

StraitsX and the Solana Foundation will also collaborate to promote deep liquidity in DEX, AMM, and lending markets, further solidifying Solana's central position in AI-driven on-chain payments and DeFi applications.

Market Opportunity
XUSD Logo
XUSD Price(XUSD)
$1,0004
$1,0004$1,0004
0,00%
USD
XUSD (XUSD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Solana Mobile launches builder grants program with up to $10K per team

Solana Mobile launches builder grants program with up to $10K per team

The post Solana Mobile launches builder grants program with up to $10K per team appeared on BitcoinEthereumNews.com. Key Takeaways Solana Mobile launched a new builder grants program, offering up to $10,000 per team for mobile-focused dApps. The program is in partnership with Colosseum and runs alongside the Solana Cypherpunk Hackathon, from September 25 to October 30, 2025. Solana Mobile today launched a builder grants program offering up to $10,000 per team for mobile-focused decentralized applications, partnering with Colosseum to support developers creating mobile-optimized dApps. The program runs alongside Colosseum’s ongoing Solana Cypherpunk Hackathon, which extends from September 25 to October 30, 2025. Teams must indicate mobile focus in their hackathon submissions to qualify for evaluation. Selected teams receive $10,000 grants along with marketing support and launch assistance for applications that integrate or optimize for mobile devices. Grants are awarded after submission to teams developing dApps for the Solana dApp Store. Colosseum has allocated over $2.5 million in pre-seed funding to winners of the current Cypherpunk Hackathon, which emphasizes tracks including consumer apps and infrastructure, with prizes from ecosystem partners. Source: https://cryptobriefing.com/solana-mobile-builder-grants-program-launched/
Share
BitcoinEthereumNews2025/09/26 04:11
U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan

U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan

The post U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan appeared on BitcoinEthereumNews.com. U.S. banks could soon begin applying to issue payment
Share
BitcoinEthereumNews2025/12/17 02:55
Turmoil Strikes Theta Labs with New Legal Allegations

Turmoil Strikes Theta Labs with New Legal Allegations

Cryptocurrency often sees its fair share of lawsuits, with many concluding without much ado. However, a fresh legal battle has surfaced involving a well-known altcoin
Share
Coinstats2025/12/17 03:06