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Record sog_st_xsgd

XSGDStraitsX Singapore Dollar

Also recorded as XSGD, StraitsX XSGD, Singapore Dollar Stablecoin

Active

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

Organizations and control

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
Relationship coverage: 1 recorded relationship

Control and relationship coverage

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

All current, ended, and unknown-state organization relationships
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

Company or corporate group

XFERS PTE. LTD. (StraitsX)

Primary display

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

Primary operating facts are shown first. Classification and methodology details remain available below.

Reference target: Singapore dollar
Public backing model: Fiat and cash equivalents
Primary stabilization mechanism: Issuer redemption
Redemption / exit model: Eligible Customers Only
Valuation source: Public information is incomplete
Yield / rebase profile: None recorded

Classification and mechanism details

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.
Canonical backing types: Bank Deposits
Reserve component categories: Bank Deposits
Recorded model description: Fiat Backed One to One Sgd Reserves
Classification notes: Fiat-backed Singapore-dollar stablecoin with monthly reserve attestations.

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.

Reserve profile

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

Redemption profile

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.

Reserve and attestation history

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

Network state, contract identity, legal notices, and value states remain separate.

Blockchain deployments

Network	Standard	Deployment type	Operational state	Contract or identifier
Ethereum	ERC-20	Issuer- or institution-supported deployment	Active	Identifier not recorded
Technical, canonicality, and control fields Network record state Specific network recorded Canonical deployment type Issuer Native Fiat Token Recorded status Active Change or proposal state No separate change state recorded Canonicality Issuer-native deployment Canonicality record state Canonicality recorded Verification state Source-linked record; identifier not recorded Contract identity state Identifier not recorded Freeze Not yet recorded Blacklist Not yet recorded Control events 0 Notes Initial XSGD deployment coverage; additional supported networks remain a open question.

Network

Ethereum

Active

Standard: ERC-20
Deployment type: Issuer- or institution-supported deployment
Contract or identifier: Identifier not recorded

Technical, canonicality, and control fields

Network record state: Specific network recorded
Canonical deployment type: Issuer Native Fiat Token
Recorded status: Active
Change or proposal state: No separate change state recorded
Canonicality: Issuer-native deployment
Canonicality record state: Canonicality recorded
Verification state: Source-linked record; identifier not recorded
Contract identity state: Identifier not recorded
Freeze: Not yet recorded
Blacklist: Not yet recorded
Control events: 0
Notes: Initial XSGD deployment coverage; additional supported networks remain a open question.

Regulatory and official notices

Date	Title	Authority / publisher	Type	Summary
No regulatory notes have been added yet.

No regulatory notes have been added yet.

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.

5 source identities · 5 evidence relations
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

Official documentation or product page

What is XSGD?

High

Publisher: StraitsX
Published: Not yet recorded
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Entity Identity, One to One Sgd Backing, Issuer Redemption, Entity Backing and Redemption
Archive: Archive index or wildcard
Reliability: High

Reserve, assurance, or financial report

XSGD January 2026 attestation report notice

High

Publisher: StraitsX
Published: Not yet recorded
Provenance: Assurance or financial-report source
Primary or secondary: Primary source
Supported claims: Monthly Attestation, Sgd Reserves, Active Status, Reserve Attestation
Archive: Archive index or wildcard
Reliability: High

Official statement or announcement

Access XSGD on Base directly from StraitsX

High

Publisher: StraitsX
Published: Not yet recorded
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Active Product, Mint Transfer Redeem, Base Support, Current Product and Network Access
Archive: Archive index or wildcard
Reliability: High

Official statement or announcement

Introducing XSGD — the Singapore Dollar-backed and Travel Rule compliant stablecoin

High

Publisher: StraitsX
Published: 2020-10-05
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Launch, First Public Release, One to One Sgd Backing, Issuer Conversion, Launch Backing and Redemption
Archive: Archive index or wildcard
Reliability: High

Official statement or announcement

Celebrating 5 Years of XSGD, The First SGD Stablecoin for Real-World Payments

High

Publisher: StraitsX
Published: 2025-10-22
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: First Issuance, Launch date, Continuous Asset Identity, Launch Date Confirmation
Archive: Archive index or wildcard
Reliability: High

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.

Open questions

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.

Event timeline

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.