Record sog_st_xsgd
XSGD/StraitsX Singapore Dollar
Also recorded as XSGD, StraitsX XSGD, Singapore Dollar Stablecoin
- 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.
| 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 |
- 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
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 5 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 2 |
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
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| XFERS PTE. LTD. (StraitsX) | Company or corporate group | Not recorded in canonical data | Singapore | Legal issuer | Primary display | Not yet recorded | Not yet recorded | Active relationship |
XFERS PTE. LTD. (StraitsX)
- 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.
| 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 |
- 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
| 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. |
- 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.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | StraitsX | Reserve Disclosure | Bank Deposits | High |
StraitsX
Not yet recorded- Type
- Reserve Disclosure
- Assets covered
- Bank Deposits
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Issuer- or institution-supported deployment | Issuer Native Fiat Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | Initial XSGD deployment coverage; additional supported networks remain a open question. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| What is XSGD? Published Not yet recorded | StraitsX | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Entity Identity, One to One Sgd Backing, Issuer Redemption, Entity Backing and Redemption | Archive index or wildcard | High |
| XSGD January 2026 attestation report notice Published Not yet recorded | StraitsX | Reserve, assurance, or financial report Canonical: Official Attestation | Assurance or financial-report source | Primary source | Monthly Attestation, Sgd Reserves, Active Status, Reserve Attestation | Archive index or wildcard | High |
| Access XSGD on Base directly from StraitsX Published Not yet recorded | StraitsX | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Active Product, Mint Transfer Redeem, Base Support, Current Product and Network Access | Archive index or wildcard | High |
| Introducing XSGD — the Singapore Dollar-backed and Travel Rule compliant stablecoin Published 2020-10-05 | StraitsX | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Launch, First Public Release, One to One Sgd Backing, Issuer Conversion, Launch Backing and Redemption | Archive index or wildcard | High |
| Celebrating 5 Years of XSGD, The First SGD Stablecoin for Real-World Payments Published 2025-10-22 | StraitsX | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | First Issuance, Launch Date, Continuous Asset Identity, Launch Date Confirmation | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Complete Network and Contract Map | XSGD is available on multiple networks, but every current native and bridged contract is not normalized in this batch. | Unknown after review | Medium | 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. | Unknown after review | Medium | 2026-06-15 |
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.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2020-10-05 | XSGD launches publicly | Launch and introduction | Launch | Remained active | Not applicable |
| 2026-06-15 | XSGD remains actively issued and redeemable | Lifecycle review | Status Review | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- XFERS PTE. LTD. (StraitsX)Singapore
- Event registry2 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.