StraitsX USD Issuance
Singapore-licensed issuer of the XUSD stablecoin
CompanyStablecoins & PaymentsPartially verified
StraitsX legal entity responsible for issuing XUSD, the US-dollar-denominated single-currency stablecoin. Current terms state that it holds XUSD reserve assets in segregated trust accounts and participates in licensed purchase, redemption, and OTC services. MAS lists the named company as a Major Payment Institution for digital payment token services. The token is not legal tender or a bank deposit, and the issuer remains separate from the other StraitsX licensees at the shared office.
Ecosystems
XUSD, StraitsX, Stablecoins, Digital Payment Tokens, Singapore
Registered office
Singapore, Singapore
Type
Company
References
3
