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StraitX to debut Singapore and U.S. dollar stablecoins on Solana for quick currency exchange
Source: CryptoNewsNet Original Title: StraitX to debut Singapore and U.S. dollar stablecoins on Solana for quick currency exchange Original Link: Solana users could soon swap Singapore dollars (SGD) for U.S. dollars (USD) instantly online, marking the popular high-speed blockchain’s first access to digital tokens tied to one of the premier Asian currencies.
Crypto infrastructure firm StraitX is planning to launch its Singapore dollar stablecoin XSGD and U.S. dollar stablecoin XUSD on the Solana public blockchain, creating an easy way to exchange these currencies.
The early 2026 debut, targeted in collaboration with the Solana Foundation, will enable instant swaps between Singapore dollars (SGD) and U.S. dollars (USD) on Solana. Think digital forex, but on blockchain.
This positions StraitX’s stablecoins for widespread adoption in smart AI tools and automated online economies on Solana. Solana offers a payment standard called x402 that lets computers and AI programs automatically transact tiny amounts (like apps talking to each other). The blockchain is known to offer faster and cheaper transaction speeds than its main rivals.