XSGD is the fully collateralized Singapore Dollar stablecoin, powered by open-source blockchain protocols. StraitsX enables fast and safe access to digital assets markets and decentralized finance applications through the StraitsX APIs and stablecoins for individuals and businesses.Key features of XSGD:Regulatory Compliant. Issued by Xfers, a licensed Major Payment Institution under the e-money issuance frameworkFully Backed with Fiat Reserves. Each XSGD is backed by one Singapore dollar that is being held and safeguarded in a Singapore bankTransparent & Trusted. Each XSGD will always be redeemable on a one-for-one basis with the Singapore Dollar on our platformMulti-chain XSGD. Take advantage of the speed, scalability, and cost-efficiency offered by Ethereum and Zilliqa.