StraitsX to Launch XSGD and XUSD Natively on Solana by Early 2026

StraitsX and the Solana Foundation will deploy Solana-native versions of two regulated stablecoins — Singapore-dollar XSGD and US-dollar XUSD — by early 2026. The move leverages Solana’s high throughput and low fees to enable real-time, low-cost cross-border settlement, AMM liquidity, lending markets and institution-grade payment flows on a single chain. Both stablecoins will be x402-compatible to support automated agent-to-agent and AI-driven micropayments. XSGD is already live on Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera and XRPL; XUSD runs on Ethereum and BNB Smart Chain. Combined on-chain volume for the two exceeds $18 billion to date. StraitsX says major centralized exchanges are preparing listings for Solana-native XSGD/XUSD and that DeFi projects and DEXs are building liquidity pools and lending markets; the Solana Foundation will collaborate on liquidity and compliance. StraitsX also affirms compliance with Singapore’s upcoming stablecoin framework. Expected use cases include on-chain FX between XSGD and XUSD, automated market-maker liquidity, lending/yield products and faster cross-border settlement — developments traders should watch for liquidity inflows, new on‑chain FX pairs and potential changes to stablecoin arbitrage opportunities.
Bullish
Deploying XSGD and XUSD natively on Solana is likely bullish for those stablecoins (and for SOL liquidity) because it reduces transaction costs and increases settlement speed — qualities that tend to raise on-chain usage, volume and demand for the native representations of those assets. Near-term, traders may see increased liquidity on Solana-based DEXs, tighter spreads and more arbitrage opportunities between chains as market makers and centralized exchanges list the Solana-native tokens. Longer-term, broader adoption for payments, on-chain FX and lending markets on Solana could increase persistent demand for XSGD/XUSD liquidity and related trading flows. Downsides that temper upside: timelines (early 2026 rollout) mean benefits will phase in, and regulatory or integration delays could slow adoption. Overall, the net effect on the price and market activity for XSGD/XUSD is expected to be positive as native Solana issuance lowers friction and encourages new on-chain use cases.