StraitsX plans to launch XSGD and XUSD on Solana in early 2026, enabling unified SGD–USD settlement and payments.
Stablecoin-native settlement StraitsX has announced a collaboration with the Solana Foundation to launch its Singapore Dollar-backed XSGD and US Dollar-backed XUSD stablecoins on the Solana blockchain, with an initial rollout targeted for early 2026.
Solana will become the first Layer-1 blockchain to host both stablecoins, enabling seamless SGD and USD settlement on a high-speed, low-cost network. The integration is designed to support real-time cross-border payments, on-chain FX, and emerging AI-driven payment use cases.
Tianwei Liu, CEO and Co-Founder of StraitsX, said: “Launching XSGD and XUSD together on Solana will be game-changing. It unites liquidity, lending, and payments on a single high-performance chain and brings us closer to frictionless global digital money.”
Lu Yin, Head of APAC at the Solana Foundation, added: “Welcoming both XSGD and XUSD strengthens Solana’s role as a global payments chain and supports new use cases from cross-border settlement to AI-driven transact
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