TechFlow news, December 16 — According to CoinDesk, on Tuesday, crypto infrastructure firm StraitX announced plans to launch the Singapore dollar-pegged stablecoin XSGD and the U.S. dollar-pegged stablecoin XUSD on the Solana blockchain in early 2026. This move will enable instant exchange between the two currencies on Solana, facilitating digital foreign exchange trading.
For Solana, this marks the first Singapore dollar stablecoin, further expanding its role as a global payment chain. Currently, Solana hosts $15.7 billion worth of stablecoins but has been lacking a Singapore dollar option.




