XSGD stablecoin, backed by reserves at DBS Bank and Standard Chartered, is now available on the XRP Ledger for real-time cross-border payments.
The collaboration between StraitsX and Ripple aims to promote regulated stablecoin adoption and enable institutional use cases and programmable finance in Asia.
XSGD integration on XRPL supports Southeast Asia's move towards faster financial systems, with an emphasis on large-scale tokenization and interoperability.
StraitsX plans further features like programmable payouts and merchant settlement solutions, positioning XSGD as a pioneer in regulated stablecoin adoption and global value transmission.