Solana Blockchain to Support New SGD and USD Stablecoins
- StraitsX to launch XSGD and XUSD on Solana in early 2026.
- Enhances Solana as a global payments chain.
- XSGD and XUSD enhance instant cross-border settlements.
StraitsX will launch Singapore dollar (XSGD) and U.S. dollar (XUSD) stablecoins on Solana blockchain in early 2026, uniting payments infrastructure in the digital currency realm.
This launch enhances Solana’s capabilities as a global payments network, facilitating cross-border transactions and expanding decentralized finance (DeFi) applications with significant liquidity potential for digital assets.
StraitsX will launch XSGD and XUSD stablecoins on the Solana blockchain in early 2026, bolstering digital payment services.
The integration of XSGD and XUSD into Solana underscores expectations for enhanced payment solutions and positions Solana as a leading global payments network.
StraitsX Offers New Stablecoins on Solana in 2026
StraitsX, a leading payments infrastructure firm, announced the launch of XSGD and XUSD stablecoins on Solana in early 2026. This move aims to increase payment efficiency and accessibility globally.
Tianwei Liu, CEO of StraitsX, highlighted the significance of integrating stablecoin payments into a high-performance blockchain, emphasizing its potential to transform digital payment landscapes.
Cross-Border Transactions to Benefit from Solana Launch
The launch on Solana is expected to impact cross-border transactions, enabling lower-cost, fast settlements. Lu Yin of The Solana Foundation noted new opportunities for DeFi applications.
This initiative is likely to influence the market by boosting Solana’s position in the crypto ecosystem. The integration broadens options for both businesses and individual users.
First Native SGD and USD Stablecoins on Solana
Unlike past expansions, such as on Ethereum and Polygon, this marks the first native launch of SGD and USD stablecoins on Solana by a Singapore-based issuer.
Experts suggest this move could drive further innovation in payments, leveraging data from successful integration in other chains to optimize projects on Solana’s network.
“Stablecoin adoption is increasingly driven by users and businesses who expect payments to be instant, low-cost, and available everywhere. Launching XSGD and XUSD together on Solana will be game-changing. It unites CEX support, AMM liquidity, lending pools, and everyday payments on a single high-performance chain. It also brings us closer to a world where digital money moves across networks as easily as information does today.” — Tianwei Liu, CEO and Co-Founder, StraitsX
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