Singapore-based StraitsX will deploy XSGD and XUSD on the Solana blockchain, expanding stablecoin payments, AI-driven use cases, and global settlement efficiency.
Singapore-based StraitsX has announced plans to launch its XSGD and XUSD stablecoins on the Solana blockchain by early 2026. The launch was confirmed in a joint announcement with the Solana Foundation. As a result, users will get access to Singapore dollar and US dollar settlements via a high-speed public blockchain. Moreover, the move points to an increasing demand for efficient stablecoin infrastructure.
StraitsX Expands Stablecoin Reach Through Solana Integration
StraitsX said the integration will facilitate the usage of Solana’s low cost and high throughput infrastructure to enable real-time settlement. Consequently, merchants and developers may process payments more efficiently from one country to another. The issuer confirmed the update in a blog post on Tuesday. Therefore, Solana and its strengthening role within global digital commerce and settlement activity continue.
The launch comes on the target of increasing x402 based payments infrastructure on Solana. This interoperability standard will provide for automatic transactions between software agents and AI systems. Accordingly, XSGD and XUSD are the right places to support emerging machine-to-machine micro-payment demand. Furthermore, the expansion is in accord with the rise of AI natives and the agentic economy.
Related Reading: JP Morgan Tokenizes $50 Million In Commercial Papers On The Solana Blockchain | Live Bitcoin News
XSGD is currently live in Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera and XRPL. Meanwhile, XUSD works on Ethereum and BNB Smart Chain. Together, the two stablecoins have accrued more than $18 bn in transaction volume on the chain. This figure demonstrates good adoption by users, developers, and institutional partners.
Both XSGD and XUSD have native support for the x402 standard. As a result, they are some of the first stablecoins to be created that have been designed for automated agent-to-agent payments. This functionality will be extended to Solana after deployment. Consequently, StraitsX anticipates accelerated adoption across the AI-driven payment use cases.
Solana Collaboration Aims to Build Unified Payments Infrastructure
The deployment is the first deep integration of Singapore dollar and US dollar ecosystems on the same blockchain. Therefore, Solana will have unified onchain foreign exchange between XSGD and XUSD. This structure supports automated market maker liquidity, lending markets and institution grade payments flows. Moreover, it makes multi-currency settlement easier in the decentralized finance.
StraitsX verified that major centralized exchanges are gearing up to list Solana native XSGD and XUSD. Simultaneously, the firm are doing work together with decentralized exchanges and leading Solana DeFi protocols. These partnerships are attempting to create stablecoin liquidity pools and lending markets. Consequently, Solana’s payment stack may obtain more wide-ranging depth and resiliency.
The Solana Foundation will work with StraitsX to support deep liquidity into decentralized markets. Additionally, both parties will deal with evolving money laundering and terrorism financing risks. This approach provides compliance whilst ensuring the efficiency of the ecosystem. Therefore, regulatory considerations are still at the forefront of the rollout strategy.
Tianwei Liu, co-founder and chief and executive officer StraitsX, called the launch transformative. He said there is a growing expectation among users for payments to be instant, low cost and accessible to users across the world. Furthermore, Liu said that the integration brings together the support of exchange, liquidity, loan, and daily payment on a single chain.
StraitsX is a licensed Major Payment Institution in the Monetary Authority of Singapore. The firm confirmed the fact that XSGD and XUSD have been recognized as being compliant with Singapore’s upcoming stablecoin framework. Overall, the Solana expansion represents the larger momentum for regulated, interoperable digital money infrastructure.