StraitsX, the stablecoin-native settlement layer powering global finance, announced a collaboration with the Solana Foundation to launch its Singapore Dollar-backed stablecoin, XSGD, and US Dollar-backed stablecoin, XUSD, on the Solana blockchain. The initial roll-out is targeted for early 2026, marking a major expansion of StraitsX’s multi-chain and cross-border settlement capabilities.
The integration will enable seamless SGD and USD settlement on Solana, leveraging the network’s high-speed, low-cost infrastructure for real-time global payments and digital commerce. With Solana increasingly used for x402-based payments, an interoperability standard designed to enable automated machine-to-machine and AI-agent micropayments, the launch positions XSGD and XUSD to support the future demand from AI-native applications and the growing agentic economy.
One Unified Global Payments Ecosystem
XSGD is already live on Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera, and XRPL, while XUSD is available on Ethereum and BNB Smart Chain. Together, the two stablecoins have processed over $18 billion in on-chain transaction volume, reflecting strong adoption among users, developers, and institutional partners.
XSGD and XUSD both support the x402 standard natively, placing them among the first stablecoins designed for automated agent-to-agent payments, and this capability will be carried over to Solana to accelerate adoption across emerging AI-driven use cases. This marks the first time the Singapore Dollar and US Dollar ecosystems will be deeply bridged on the same chain, creating a unified foundation for on-chain FX between XSGD and XUSD, automated market maker (AMM) liquidity, lending markets, and institutional-grade payment flows.
Major centralised exchanges are already in the pipeline to support Solana-native XSGD and XUSD, with StraitsX also working with leading decentralised exchanges (DEXs), AMM ecosystems, and Solana’s largest DeFi protocols to establish stablecoin liquidity pools and lending markets. These efforts will strengthen the foundation for a full-stack payments and settlement network on Solana.
The Solana Foundation and StraitsX will collaborate to drive and promote deep liquidity for XSGD and XUSD across DEXs, AMMs, and lending markets, ensuring robust and efficient participation within the Solana ecosystem. The collaboration will take into account the continuously evolving nature of money-laundering and terrorism-financing typologies and ensure that the risks arising from this integration are properly mitigated.
“Stablecoin adoption is increasingly driven by users and businesses who expect payments to be instant, low-cost, and available everywhere,” said Tianwei Liu, CEO and Co-Founder of StraitsX. “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.”
“Stablecoins are becoming one of the most important building blocks for real-world activity on-chain,” said Lu Yin, Head of APAC at The Solana Foundation. “Welcoming both XSGD and XUSD to Solana expands the network’s role as a top global payments chain and unlocks new opportunities for builders, institutions, and users, from instant cross-border settlements to DeFi applications like lending, borrowing, and yield generation. The addition of native SGD and USD liquidity further strengthens Solana’s role as a core infrastructure layer for AI-and machine-driven on-chain transactions.”