Stablecoin dossierReturn to register

Record sog_st_xsgd

XSGDStraitsX Singapore Dollar

Also recorded as XSGD, StraitsX XSGD, Singapore Dollar Stablecoin

Active
Lifecycle
Active
Issuance
Restricted
Reference target
Singapore dollar
Primary organization
XFERS PTE. LTD. (StraitsX)No additional recorded relationship
Launch
2020-10-05
Redemption
Eligible Customers Only
Backing
Fiat and cash equivalents
Stabilization
Issuer redemption
Last review
2026-06-15
Evidence
5 source records

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

StraitsX-issued Singapore-dollar stablecoin backed one-to-one by SGD reserves and supported across multiple public blockchains.

NameStraitsX Singapore Dollar
SymbolXSGD
AliasesXSGD, StraitsX XSGD, Singapore Dollar Stablecoin
Asset classStablecoin
Lifecycle statusActive
Issuance statusRestricted
Canonical record IDsog_st_xsgd
Route slugxsgd
Record confidenceHigh
Last reviewed2026-06-15
Name
StraitsX Singapore Dollar
Symbol
XSGD
Aliases
XSGD, StraitsX XSGD, Singapore Dollar Stablecoin
Asset class
Stablecoin
Lifecycle status
Active
Issuance status
Restricted
Canonical record ID
sog_st_xsgd
Route slug
xsgd
Record confidence
High
Last reviewed
2026-06-15
Record coverage
SectionEntries
Organizations1
Sources5
Reserve reports1
Reserve components1
Model-history events0
Regulatory notes0
Deployments1
Issuer-control actions0
Open questions2
Events2
Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance
Centralized
Primary display organization
XFERS PTE. LTD. (StraitsX)
Primary display role
Legal issuer
Display selection mode
Deterministic Policy
Current relationships
1
Ended relationships
0
Unknown relationship state
0
Freeze capability
0 recorded yes · 0 recorded no · 1 not recorded
Blacklist capability
0 recorded yes · 0 recorded no · 1 not recorded
Deployment control-event references
0
Observed issuer-control events
0
Relationship coverage
1 recorded relationship
All current, ended, and unknown-state organization relationships
OrganizationOrganization categoryRegulatory characterJurisdictionRoleDisplay priorityFromUntilRelationship status
XFERS PTE. LTD. (StraitsX)Company or corporate groupNot recorded in canonical dataSingaporeLegal issuerPrimary displayNot yet recordedNot yet recordedActive relationship
Company or corporate group

XFERS PTE. LTD. (StraitsX)

Primary display
Functional role
Legal issuer
Relationship status
Active relationship
Regulatory character
Not recorded in canonical data
Jurisdiction
Singapore
From
Not recorded
Until
Not recorded

Mechanism

How the asset works

Reference, backing, stabilization, exit, valuation, and yield remain separate facts.
Reference target
Singapore dollar
Reference kind
Fiat
Comparison category
Other fiat currency
Target value
Not yet recorded
Reference methodology
XSGD is designed for one-to-one Singapore-dollar redemption through eligible issuer channels.
Public backing model
Fiat and cash equivalents
Canonical backing types
Bank Deposits
Reserve component categories
Bank Deposits
Primary stabilization mechanism
Issuer redemption
Recorded model description
Fiat Backed One to One Sgd Reserves
Redemption / exit model
Eligible Customers Only
Valuation source
Public information is incomplete
Yield / rebase profile
None recorded
Classification notes
Fiat-backed Singapore-dollar stablecoin with monthly reserve attestations.

Reserve and redemption

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

  • Singapore-dollar reserve depositsBank Deposits · Exact bank allocation and live balances are not fixed in the entity record.
Reserve profile
Disclosure statusMonthly Attestations
Backing typesBank Deposits
SummaryXSGD is represented as one-to-one backed by Singapore-dollar reserve assets held for token holders and supported by regular attestations.
As of2026-06-15
Profile confidenceHigh
Disclosure status
Monthly Attestations
Backing types
Bank Deposits
Summary
XSGD is represented as one-to-one backed by Singapore-dollar reserve assets held for token holders and supported by regular attestations.
As of
2026-06-15
Profile confidence
High
Redemption profile
Current statusEligible Customers Only
Settlement assetSGD
Eligible partiesVerified StraitsX account holders using supported issuer channels.
Retail accessEligible Customers Only
Institutional accessEligible Customers Only
Minimum amountIssuer and route dependent.
FeeIssuer, banking, network, and conversion fees may apply.
Settlement timeIssuer processing and banking route dependent.
Regional limitsAccount verification and supported-region requirements apply.
Current status
Eligible Customers Only
Settlement asset
SGD
Eligible parties
Verified StraitsX account holders using supported issuer channels.
Retail access
Eligible Customers Only
Institutional access
Eligible Customers Only
Minimum amount
Issuer and route dependent.
Fee
Issuer, banking, network, and conversion fees may apply.
Settlement time
Issuer processing and banking route dependent.
Regional limits
Account verification and supported-region requirements apply.
Reserve and attestation history
DatePublisherTypeAssets coveredRecord confidence
Not yet recordedStraitsXReserve DisclosureBank DepositsHigh

StraitsX

Not yet recorded
Type
Reserve Disclosure
Assets covered
Bank Deposits
Record confidence
High

Evidence

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.
5 source identities · 5 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
What is XSGD?
Published Not yet recorded
StraitsXOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceEntity Identity, One to One Sgd Backing, Issuer Redemption, Entity Backing and RedemptionArchive index or wildcardHigh
XSGD January 2026 attestation report notice
Published Not yet recorded
StraitsXReserve, assurance, or financial report
Canonical: Official Attestation
Assurance or financial-report sourcePrimary sourceMonthly Attestation, Sgd Reserves, Active Status, Reserve AttestationArchive index or wildcardHigh
Access XSGD on Base directly from StraitsX
Published Not yet recorded
StraitsXOfficial statement or announcement
Canonical: Official Statement
Subject-controlled sourcePrimary sourceActive Product, Mint Transfer Redeem, Base Support, Current Product and Network AccessArchive index or wildcardHigh
Introducing XSGD — the Singapore Dollar-backed and Travel Rule compliant stablecoin
Published 2020-10-05
StraitsXOfficial statement or announcement
Canonical: Official Statement
Subject-controlled sourcePrimary sourceLaunch, First Public Release, One to One Sgd Backing, Issuer Conversion, Launch Backing and RedemptionArchive index or wildcardHigh
Celebrating 5 Years of XSGD, The First SGD Stablecoin for Real-World Payments
Published 2025-10-22
StraitsXOfficial statement or announcement
Canonical: Official Statement
Subject-controlled sourcePrimary sourceFirst Issuance, Launch Date, Continuous Asset Identity, Launch Date ConfirmationArchive index or wildcardHigh

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.
Open questions
TopicWhat remains unclearValue statePriorityLast checked
Complete Network and Contract MapXSGD is available on multiple networks, but every current native and bridged contract is not normalized in this batch.Unknown after reviewMedium2026-06-15
Current Regulatory PerimeterPublic materials establish current issuance and reserve practices, but the precise product-level regulatory perimeter should be separately normalized.Unknown after reviewMedium2026-06-15

Complete Network and Contract Map

XSGD is available on multiple networks, but every current native and bridged contract is not normalized in this batch.

Value state
Unknown after review
Priority
Medium
Last checked
2026-06-15

Current Regulatory Perimeter

Public materials establish current issuance and reserve practices, but the precise product-level regulatory perimeter should be separately normalized.

Value state
Unknown after review
Priority
Medium
Last checked
2026-06-15

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

No separate model-change event is currently recorded.

Event timeline
DateEventCategorySubtypeStatus effectRecovery
2020-10-05XSGD launches publiclyLaunch and introductionLaunchRemained activeNot applicable
2026-06-15XSGD remains actively issued and redeemableLifecycle reviewStatus ReviewRemained activeNot applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.