StraitsX, a leading digital asset payments infrastructure provider in Southeast Asia, has announced that its stablecoin, XSGD, has been listed on the cryptocurrency exchange Bitstamp.
XSGD, which is pegged to the Singapore dollar, is issued by StraitsX and offers users a stable and reliable digital asset for transactions.
This new listing on Bitstamp expands the reach of XSGD, making it more accessible for international transactions. It is expected to result in faster settlement times and lower transaction costs for users, enhancing the efficiency of cross-border crypto payments.
Initially, XSGD will be available on Bitstamp through the Avalanche C-Chain, with plans to introduce support for additional networks in the near future. Trading pairs for XSGD will include XSGD:USD and XSGD:USDT, offering users a variety of options for trading and liquidity.
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