WhatsApp and Telegram +44 7563 115980
[email protected]
StraitsX issues XSGD, XUSD and XIDR and holds Major Payment Institution licences from the Monetary Authority of Singapore, with numbers published.
StraitsX (XSGD, XUSD and XIDR) scores 2.8 out of 5 (56 out of 100) in the Buckingham Intelligence Stablecoin Issuers Index 2026 and ranks 6 of 11. It is strongest for payment firms in Southeast Asia needing a Singapore dollar stablecoin, and its best criterion is currencies and networks at 4 out of 5. Not published or not stated on the pages read: independent assurance, redemption, published fees and reserves.
Scores from the Stablecoin Issuers Index 2026.
No award in the Stablecoin Issuers Index 2026.
| Segment | Score out of 100 | Rank |
|---|---|---|
| For payment and e-money firms | 53 | 7 of 11 |
| For exchanges and brokers | 59 | 5 of 11 |
| For corporate treasuries | 56 | 6 of 11 |
The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.
Where it scores best, and where to check closely, as shown in each ranking.
Payment firms in Southeast Asia needing a Singapore dollar stablecoin.
What StraitsX (XSGD, XUSD and XIDR) publishes on its own pages, read on 26 October 2026.
StraitsX issues XSGD, XUSD and XIDR and holds Major Payment Institution licences from the Monetary Authority of Singapore, with numbers published. It publishes monthly reserve attestations by a Singapore accounting firm across nine networks. The firm is not named, and fees and redemption terms are not published.
| Fact | What the provider publishes |
|---|---|
| Reserves | "XSGD is fully backed by reserve assets and is always redeemable on a 1:1 basis with the Singapore Dollar." December 2025 attestation "outline[s] all the Singapore Dollar denominated reserve" assets. |
| Independent assurance | "We publish reserve attestation reports from an ISCA-listed auditing firm on a monthly basis"; reports "issued by a certified public accountant in Singapore". Firm not named. |
| Regulatory standing | "StraitsX is licensed & regulated by the Monetary Authority of Singapore MPI License PS20200475, PS20200656, PS20200657, PS20200658." |
| Redemption | 1:1 redemption to the Singapore dollar stated; redemption to an attached bank account under the terms. No timing or minimum published. |
| Published fees | Not published on the pages read. |
| Currencies and networks | XSGD contracts listed for Ethereum, Polygon, Solana, Avalanche, Arbitrum, XRPL, Hedera, Base and Zilliqa. Three currencies: Singapore dollar, US dollar and Indonesian rupiah. |
| Date read | 26 October 2026 |
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 26 October 2026 from: straitsx.com, straitsx.com/xsgd, straitsx.com/blog-post/…, straitsx.com/legal/terms-and-conditions.
Each score with the evidence behind it.
Each criterion is scored 0 to 5 against the best published offer in the Stablecoin Issuers Index. 0 means not offered or not published. How it is scored
The other providers in the same ranking, ordered by score.
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| Circle (USDC and EURC) | 4.3 | 1 of 11 | Payment firms and exchanges needing the widest licensing and network coverage |
| Paxos (USDG, USDP and PYUSD) | 3.6 | 2 of 11 | Payment firms wanting free redemption and a Big Four attestation |
| Tether (USDT) | 3.5 | 3 of 11 | Exchanges and large traders needing the most widely held dollar stablecoin |
| Agora (AUSD) | 3.3 | 4 of 11 | Fintechs and platforms wanting fee-free minting and a share of reserve income |
| Gemini (GUSD) | 3.1 | 5 of 11 | Firms already on Gemini wanting fee-free conversion and named reserve banks |
| Quantoz (EURQ and USDQ) | 2.7 | 7 of 11 | European firms wanting free direct redemption without an existing account |
| Societe Generale-Forge (EURCV and USDCV) | 2.5 | 8 of 11 | European banks and institutions wanting a bank-group issuer with daily reserve disclosure |
| AllUnity (EURAU, CHFAU, SEKAU and USDAU) | 2.4 | 9 of 11 | European corporates wanting a no-code mint account and several currencies |
| Ripple (RLUSD) | 2.4 | 10 of 11 | Banks and brokers wanting a New York trust issuer |
| Monerium (EURe and GBPe) | 1.9 | 11 of 11 | Fintechs and wallets needing euro tokens linked to a named IBAN |
Side by side on every criterion, fact and award.
Head-to-head comparisons cover pairs within the top five of each ranking. StraitsX (XSGD, XUSD and XIDR) is compared with its alternatives in the table above.
Tell us what you need and where you operate.