StraitsX
On-chain AUM$53.52m
Platform totals
Live assets3
Chains9
DeFi TVL$1.41m
DeFi TVL / AUM2.63%
Confirmed attestations2 / 3
Primary accessPermissionless (3)
Totals for filtered assets
3
$53.52m
$53.52m
$1.41m
3
| Name | Asset Group | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fiat Currencies | $1 | $36.14m | $36.14m | $37,855 | 0.1% | StraitsX | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | StraitsX USD Issuance Pte. Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | ||||
| Fiat Currencies | $0.79 | $17.27m | $17.27m | $1.36m | 7.89% | StraitsX | Fiat Stablecoins | Other Fiat Stable | Permissionless | Asset | RWA | STRAITSX SGD ISSUANCE PTE. LTD. | Yes | Yes | Yes | Yes | Yes | Yes | ||||
| Public Equities | $0.000057 | $111,724 | $111,724 | $5,816 | 5.21% | StraitsX | Fiat Stablecoins | Other Fiat Stable | Permissionless | Asset | RWA | StraitsX | Yes | No | Yes | Yes | Yes |
About StraitsX
StraitsX issues a fiat-backed stablecoin maintained at parity with its reference currency through reserve backing and redemption mechanisms. It enables fast, low-cost settlement of stablecoin transactions.
Profile
- Primary chain
- Ethereum
- Parent platform
- StraitsX
- Issuer
- STRAITSX SGD ISSUANCE PTE. LTD.
Economics & revenue
Mint fee0 bps
Redemption fee0 bps
Float incomeYes
Revenue confidenceIssuer-Disclosed
Fees last verified2026-05-11
Attestations & milestones
- Attestation frequency
- Monthly
- Last attestation
- Monthly (BDO)
Revenue methodology & documents
Revenue model: Float Income + Transaction Fees
StraitsX (XSGD, XUSD) personal-account bank transfers in/out FREE. Mint fee = blockchain network fee only (with cap, e.g. 30 XSGD on Ethereum). Inbound on-chain XSGD/USDC >=10 token: 0.5 token per transaction (business). Outbound: network fee only. USD transfers: $40 flat. Redemption via bank transfer in 5 business days. Primary protocol revenue is float income on reserves (MAS-regulated Stored Value Facility under Singapore PSA). Source: https://support.straitsx.com/support/solutions/articles/157000365666-transaction-fees-and-limits-for-straitsx-mint
Issuer registry, regulation & leadership
Issuer registry
StraitsX (operated by Xfers Pte Ltd., Singapore; subsidiary of Fazz Financial Group, MAS-licensed Major Payment Institution). Issuer of XSGD (Singapore Dollar stablecoin) and XUSD (USD stablecoin) on Ethereum, Polygon, Zilliqa, Avalanche. Singapore Monetary Authority supervision since 2020.