Overview

• XSGD will become available on Coinbase and Coinbase Advanced on Sept. 29, 2025 at 19:00 UTC (Sept. 30 at 3:00 a.m. SGT).
• Coinbase users will be able to convert Singapore dollars to XSGD at a one-to-one rate for local and cross-border transfers.
• The token will be issued on Base, Coinbase’s Ethereum Layer 2 network, to enable faster, lower-cost transactions.
• Joint liquidity pools will launch on Base, including an XSGD/USDC pool on Aerodrome with incentives from Aerodrome and the Base ecosystem.
• StraitsX states that XSGD is fully backed by SGD reserves held at DBS Bank and Standard Chartered, with MAS acknowledging compliance with Singapore’s forthcoming Single Currency Stablecoin rules.