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First SGD Stablecoin on Solana: StraitX to Launch XSGD and XUSD in 2026 for On-Chain Forex Trading and Instant SGD-USD Exchange

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StraitX reiterated its intention to roll out the XSGD and XUSD stablecoins on the Solana network in early 2026, in collaboration with the Solana Foundation, enabling a seamless on-chain forex experience.

Notably, this marks SGD’s first deployment on Solana, a network that already handles roughly $15.7 billion in fiat-pegged stablecoins, underscoring the expansion of SGD liquidity on-chain.

XSGD and XUSD will leverage Solana’s high-speed, low-cost environment, serving AI automated payments, DeFi apps, cross-border settlements, and everyday transactions, while remaining compatible with centralized exchanges, AMM liquidity pools, and lending protocols.

Readers should track official disclosures for timeline specifics, governance details, and any due diligence updates as the launch progresses.

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    First SGD Stablecoin on Solana: StraitX to Launch XSGD and XUSD in 2026 for On-Chain Forex Trading and Instant SGD-USD Exchange - Breaking News