StraitX is set to launch its XSGD and XUSD stablecoins on the Solana blockchain in early 2026. This initiative, supported by the Solana Foundation, aims to facilitate instant swaps between Singapore Dollar (SGD) and US Dollar (USD), enhancing decentralized finance (DeFi) activities on the network.
The stablecoins, which have already processed over $18 billion in volume on Ethereum, are expected to significantly bolster Solana's position in the global payments landscape. This move marks a strategic expansion for StraitX, leveraging Solana's high-speed capabilities to drive further adoption and utility in the crypto ecosystem.
StraitX to Launch XSGD and XUSD Stablecoins on Solana in 2026
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