<ul><li>StraitsX has launched XSGD stablecoin on the XRP Ledger in collaboration with Ripple to enhance real-time digital payments in Asia.</li><li>XSGD is a stablecoin regulated by the Monetary Authority of Singapore and backed 1:1 by reserves held with DBS Bank and Standard Chartered.</li><li>The deployment of XSGD on the XRP Ledger enables real-time payments and programmable financial flows for developers, fintechs, and institutions.</li><li>Future plans include broadening XSGD rollout for institutional use, with a focus on June 2025 for programmable payouts, merchant settlements, and compliance-ready integrations.</li></ul>

StraitsX Teams Up With Ripple to Launch XSGD Stablecoin on XRP Ledger

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