Singapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiencySingapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiency

StraitsX Plans Dual Stablecoin Launch on Solana Blockchain by Early 2026

Singapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiency.

Singapore-based StraitsX has announced plans to launch its XSGD and XUSD stablecoins on the Solana blockchain by early 2026. The launch was confirmed in a joint announcement with the Solana Foundation. As a result, users will get access to Singapore dollar and US dollar settlements via a high-speed public blockchain. Moreover, the move points to an increasing demand for efficient stablecoin infrastructure.

StraitsX Expands Stablecoin Reach Through Solana Integration

StraitsX said the integration will facilitate the usage of Solana’s low cost and high throughput infrastructure to enable real-time settlement. Consequently, merchants and developers may process payments more efficiently from one country to another. The issuer confirmed the update in a blog post on Tuesday. Therefore, Solana and its strengthening role within global digital commerce and settlement activity continue.

The launch comes on the target of increasing x402 based payments infrastructure on Solana. This interoperability standard will provide for automatic transactions between software agents and AI systems. Accordingly, XSGD and XUSD are the right places to support emerging machine-to-machine micro-payment demand. Furthermore, the expansion is in accord with the rise of AI natives and the agentic economy.

Related Reading: JP Morgan Tokenizes $50 Million In Commercial Papers On The Solana Blockchain | Live Bitcoin News

XSGD is currently live in Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera and XRPL. Meanwhile, XUSD works on Ethereum and BNB Smart Chain. Together, the two stablecoins have accrued more than $18 bn in transaction volume on the chain. This figure demonstrates good adoption by users, developers, and institutional partners.

Both XSGD and XUSD have native support for the x402 standard. As a result, they are some of the first stablecoins to be created that have been designed for automated agent-to-agent payments. This functionality will be extended to Solana after deployment. Consequently, StraitsX anticipates accelerated adoption across the AI-driven payment use cases.

Solana Collaboration Aims to Build Unified Payments Infrastructure

The deployment is the first deep integration of Singapore dollar and US dollar ecosystems on the same blockchain. Therefore, Solana will have unified onchain foreign exchange between XSGD and XUSD. This structure supports automated market maker liquidity, lending markets and institution grade payments flows. Moreover, it makes multi-currency settlement easier in the decentralized finance.

Singapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiency.                                                                 Source: Straitsx

StraitsX verified that major centralized exchanges are gearing up to list Solana native XSGD and XUSD. Simultaneously, the firm are doing work together with decentralized exchanges and leading Solana DeFi protocols. These partnerships are attempting to create stablecoin liquidity pools and lending markets. Consequently, Solana’s payment stack may obtain more wide-ranging depth and resiliency.

The Solana Foundation will work with StraitsX to support deep liquidity into decentralized markets. Additionally, both parties will deal with evolving money laundering and terrorism financing risks. This approach provides compliance whilst ensuring the efficiency of the ecosystem. Therefore, regulatory considerations are still at the forefront of the rollout strategy.

Tianwei Liu, co-founder and chief and executive officer StraitsX, called the launch transformative. He said there is a growing expectation among users for payments to be instant, low cost and accessible to users across the world. Furthermore, Liu said that the integration brings together the support of exchange, liquidity, loan, and daily payment on a single chain.

StraitsX is a licensed Major Payment Institution in the Monetary Authority of Singapore. The firm confirmed the fact that XSGD and XUSD have been recognized as being compliant with Singapore’s upcoming stablecoin framework. Overall, the Solana expansion represents the larger momentum for regulated, interoperable digital money infrastructure.

The post StraitsX Plans Dual Stablecoin Launch on Solana Blockchain by Early 2026 appeared first on Live Bitcoin News.

Market Opportunity
XUSD Logo
XUSD Price(XUSD)
$1.0003
$1.0003$1.0003
0.00%
USD
XUSD (XUSD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Nvidia acquired Groq's assets for $20 billion, but officially stated that it did not acquire the entire company.

Nvidia acquired Groq's assets for $20 billion, but officially stated that it did not acquire the entire company.

PANews reported on December 25th that, according to CNBC, Nvidia has agreed to acquire all assets of AI chip startup Groq (excluding its GroqCloud business) for
Share
PANews2025/12/25 08:25
Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Share
BitcoinEthereumNews2025/09/18 05:59
Philippines Blocks Coinbase, Gemini in Unlicensed VASP Enforcement

Philippines Blocks Coinbase, Gemini in Unlicensed VASP Enforcement

The post Philippines Blocks Coinbase, Gemini in Unlicensed VASP Enforcement appeared on BitcoinEthereumNews.com. Internet service providers (ISPs) in the Philippines
Share
BitcoinEthereumNews2025/12/25 08:04