---
title: "StraitsX XSGD (XSGD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/xsgd-straitsx/"
description: "Build-time stablecoin profile for StraitsX XSGD (XSGD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-09-07"
---



# StraitsX XSGD (XSGD)

**Peg:** Singapore Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

XSGD is the rare non-USD stablecoin that exists for a reason beyond novelty. It provides SGD-denominated on-chain liquidity for Southeast Asian payment flows where routing through dollar pairs adds pointless FX friction. The N/A overall grade is earned: a MAS Major Payment Institution licence, segregated trust reserves explicitly excluded from the issuer's creditor estate, and twice-monthly independent examinations by KK Yap & Associates, most recently on the end-June position. The backing pillar carries a disclosure caveat: the reserve is no longer plain bank cash but close to an even split between cash and a short-dated MAS bill or eligible overnight repo category the report declines to break apart, with the safeguarding institution left unnamed. That is a rounding error in risk terms and a fair prompt for better disclosure, since half the backing is currently described by the bucket it is permitted to sit in rather than what it holds. Exit is the pillar trailing the rest of the card, even with direct par redemption through the licensed issuer. Past oracle-driven wobbles, the inherent hazard of pricing an SGD token against USD-denominated feeds on thin non-USD pairs, have mostly aged out, and genuine DEX depth spread across many pools rather than one fragile venue keeps XSGD tied to a working payment corridor.

## 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

| Country | Regulator | License |
| --- | --- | --- |
| Singapore | MAS | Major Payment Institution |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x70e8de73ce538da2beed35d14187f6959a8eca96` | 6 |
| polygon | `0xdc3326e71d45186f113a2f448984ca0e8d201995` | 6 |
| arbitrum | `0xe333e7754a2dc1e020a162ecab019254b9dab653` | 6 |
| avalanche | `0xb2f85b7ab3c2b6f62df06de6ae7d09c010a5096e` | 6 |
| base | `0x0a4c9cb2778ab3302996a34befcf9a8bc288c33b` | 6 |
| solana | `71S9cppWipeUEQDFngYwxjoxB6Sz1MUqX72byLsVYJqy` | 6 |
| hedera | `0.0.1985922` | 6 |
| xrpl | `XSGD.rK67JczCpaYXVtfw3qJVmqwpSfa1bYTptw` | XRPL issued-currency decimal string |
| zilliqa | `zil1zu72vac254htqpg3mtywdcfm84l3dfd9qzww8t` | 6 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/xsgd-straitsx.