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StraitsX launched XSGD and XUSD on the Platon Network, aiming to use its privacy-preserving computation features for enhancing cross-border payments.

StraitsX launched XSGD, cited as the first SGD-pegged stablecoin designed for real-world payments, establishing a digital version of the Singapore Dollar on the blockchain.

StraitsX announced the debut of XSGD and its US dollar counterpart, XUSD, on the Solana blockchain to leverage its high-speed, low-cost infrastructure for quick swaps.