Profile
XSGD profile facts
StraitsX XSGD (XSGD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Singapore Dollar.
- Collateral
- SGD cash and short-dated MAS/government instruments or eligible overnight reverse repos, held in segregated reserve accounts on trust for token holders
- Peg mechanism
- Direct 1:1 redemption for SGD through StraitsX (MAS-licensed Major Payment Institution); the issuer links mid-month and month-end reserve attestation reports, although its product-page description calls the cadence monthly
- Jurisdiction
- Singapore / MAS / Major Payment Institution
- Proof of reserves
- Independent Audit by KK Yap & Associates Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
XSGD quick answers
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What is StraitsX XSGD (XSGD)?
XSGD is StraitsX's MAS-licensed SGD stablecoin, redeemable 1:1 against segregated cash, short-dated government instruments or eligible overnight reverse repos. The static profile records its Singapore Dollar peg mechanism as: Direct 1:1 redemption for SGD through StraitsX (MAS-licensed Major Payment Institution); the issuer links mid-month and month-end reserve attestation reports, although its product-page description calls the cadence monthly.
Is XSGD safe?
As of Oct 25, 2026, Pharos grades XSGD A- (82/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs XSGD?
Pharos records XSGD's reserves as of Sep 30, 2026 as 51.2% SGD cash and 48.8% Short-dated MAS/government SGD bills or eligible overnight reverse repos. Reserve evidence: Independent Audit by KK Yap & Associates, latest period ending Sep 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can XSGD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem XSGD?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem XSGD for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
