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Convert XSGD to your currency
Last Updated on Oct 02, 2025 01:19 AM
What is XSGD?
About the coin
XSGD is a stablecoin that is pegged to the Singapore Dollar, ensuring its value remains stable and predictable. It is part of the StraitsX initiative, which aims to provide a reliable digital currency option in Southeast Asia. The coin is issued by StraitsX, a licensed Major Payment Institution in Singapore, which ensures that it adheres to local regulatory standards.
Main features
XSGD operates on multiple blockchains, including Ethereum, Polygon, Avalanche, Hedera, and Zilliqa, offering users flexibility and choice in how they transact. Each XSGD token is fully backed by fiat reserves, with one Singapore Dollar held in a local bank for every token issued. This guarantees a 1:1 redemption rate, providing users with confidence in the token's value. The tokens are also audited by Quantstamp, ensuring transparency and trust in the system.
How it works
XSGD is designed to provide fast, scalable, and cost-effective transactions across various blockchain platforms. By leveraging the strengths of multiple blockchains, XSGD can offer users a seamless and efficient transaction experience. The stablecoin's compliance with regulatory standards and its backing by fiat reserves make it a reliable option for users looking to transact in a stable digital currency.
Wallet for XSGD
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for XSGD
- Ethereum
- Avalanche
- Hedera Hashgraph
- Polygon Pos
- Arbitrum One
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XSGD FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure XSGD with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get Tangem
Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose XSGD wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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