Singapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiencySingapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiency

StraitsX Plans Dual Stablecoin Launch on Solana Blockchain by Early 2026

Singapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiency.

Singapore-based StraitsX has announced plans to launch its XSGD and XUSD stablecoins on the Solana blockchain by early 2026. The launch was confirmed in a joint announcement with the Solana Foundation. As a result, users will get access to Singapore dollar and US dollar settlements via a high-speed public blockchain. Moreover, the move points to an increasing demand for efficient stablecoin infrastructure.

StraitsX Expands Stablecoin Reach Through Solana Integration

StraitsX said the integration will facilitate the usage of Solana’s low cost and high throughput infrastructure to enable real-time settlement. Consequently, merchants and developers may process payments more efficiently from one country to another. The issuer confirmed the update in a blog post on Tuesday. Therefore, Solana and its strengthening role within global digital commerce and settlement activity continue.

The launch comes on the target of increasing x402 based payments infrastructure on Solana. This interoperability standard will provide for automatic transactions between software agents and AI systems. Accordingly, XSGD and XUSD are the right places to support emerging machine-to-machine micro-payment demand. Furthermore, the expansion is in accord with the rise of AI natives and the agentic economy.

Related Reading: JP Morgan Tokenizes $50 Million In Commercial Papers On The Solana Blockchain | Live Bitcoin News

XSGD is currently live in Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera and XRPL. Meanwhile, XUSD works on Ethereum and BNB Smart Chain. Together, the two stablecoins have accrued more than $18 bn in transaction volume on the chain. This figure demonstrates good adoption by users, developers, and institutional partners.

Both XSGD and XUSD have native support for the x402 standard. As a result, they are some of the first stablecoins to be created that have been designed for automated agent-to-agent payments. This functionality will be extended to Solana after deployment. Consequently, StraitsX anticipates accelerated adoption across the AI-driven payment use cases.

Solana Collaboration Aims to Build Unified Payments Infrastructure

The deployment is the first deep integration of Singapore dollar and US dollar ecosystems on the same blockchain. Therefore, Solana will have unified onchain foreign exchange between XSGD and XUSD. This structure supports automated market maker liquidity, lending markets and institution grade payments flows. Moreover, it makes multi-currency settlement easier in the decentralized finance.

Singapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiency.                                                                 Source: Straitsx

StraitsX verified that major centralized exchanges are gearing up to list Solana native XSGD and XUSD. Simultaneously, the firm are doing work together with decentralized exchanges and leading Solana DeFi protocols. These partnerships are attempting to create stablecoin liquidity pools and lending markets. Consequently, Solana’s payment stack may obtain more wide-ranging depth and resiliency.

The Solana Foundation will work with StraitsX to support deep liquidity into decentralized markets. Additionally, both parties will deal with evolving money laundering and terrorism financing risks. This approach provides compliance whilst ensuring the efficiency of the ecosystem. Therefore, regulatory considerations are still at the forefront of the rollout strategy.

Tianwei Liu, co-founder and chief and executive officer StraitsX, called the launch transformative. He said there is a growing expectation among users for payments to be instant, low cost and accessible to users across the world. Furthermore, Liu said that the integration brings together the support of exchange, liquidity, loan, and daily payment on a single chain.

StraitsX is a licensed Major Payment Institution in the Monetary Authority of Singapore. The firm confirmed the fact that XSGD and XUSD have been recognized as being compliant with Singapore’s upcoming stablecoin framework. Overall, the Solana expansion represents the larger momentum for regulated, interoperable digital money infrastructure.

The post StraitsX Plans Dual Stablecoin Launch on Solana Blockchain by Early 2026 appeared first on Live Bitcoin News.

Market Opportunity
XUSD Logo
XUSD Price(XUSD)
$1.0003
$1.0003$1.0003
0.00%
USD
XUSD (XUSD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump Filed a Lawsuit Against JPMorgan Chase And Its CEO Over Debanking

Trump Filed a Lawsuit Against JPMorgan Chase And Its CEO Over Debanking

U.S. President Donald Trump filed a lawsuit against JPMorgan Chase and its CEO Jamie Dimon personally, accusing the institution of deliberate debanking. The politician
Share
Incrypted2026/01/23 15:59
Here’s why Polygon price is at risk of a 25% plunge

Here’s why Polygon price is at risk of a 25% plunge

Polygon price continued its freefall, reaching its lowest level since April 21, as the broader crypto sell-off gained momentum. Polygon (POL) dropped to $0.1915, down 32% from its highest point in May and 74% below its 2024 peak. The crash…
Share
Crypto.news2025/06/19 00:56
Non-Opioid Painkillers Have Struggled–Cannabis Drugs Might Be The Solution

Non-Opioid Painkillers Have Struggled–Cannabis Drugs Might Be The Solution

The post Non-Opioid Painkillers Have Struggled–Cannabis Drugs Might Be The Solution appeared on BitcoinEthereumNews.com. In this week’s edition of InnovationRx, we look at possible pain treatments from cannabis, risks of new vaccine restrictions, virtual clinical trials at the Mayo Clinic, GSK’s $30 billion U.S. manufacturing commitment, and more. To get it in your inbox, subscribe here. Despite their addictive nature, opioids continue to be a major treatment for pain due to a lack of effective alternatives. In an effort to boost new drugs, the FDA released new guidelines for non-opioid painkillers last week. But making these drugs hasn’t been easy. Vertex Pharmaceuticals received FDA approval for its non-opioid Journavx in January, then abandoned a next generation drug after a failed clinical trial earlier this summer. Acadia similarly abandoned a promising candidate after a failed trial in 2022. One possible basis for non-opioids might be cannabis. Earlier this year, researchers at Washington University at St. Louis and Stanford published a study showing that a cannabis-derived compound successfully eased pain in mice with minimal side effects. Munich-based pharmaceutical company Vertanical is perhaps the furthest along in this quest. It is developing a cannabinoid-based extract to treat chronic pain it hopes will soon become an approved medicine, first in the European Union and eventually in the United States. The drug, currently called Ver-01, packs enough low levels of cannabinoids (including THC) to relieve pain, but not so much that patients get high. Founder Clemens Fischer, a 50-year-old medical doctor and serial pharmaceutical and supplement entrepreneur, hopes it will become the first cannabis-based painkiller prescribed by physicians and covered by insurance. Fischer founded Vertanical, with his business partner Madlena Hohlefelder, in 2017, and has invested more than $250 million of his own money in it. With a cannabis cultivation site and drug manufacturing plant in Denmark, Vertanical has successfully passed phase III clinical trials in Germany and expects…
Share
BitcoinEthereumNews2025/09/18 05:26