What is StraitsX XUSD (XUSD)?
The smart contract for XUSD on Ethereum was first deployed in February 2024 by StraitsX. Designed to facilitate swift, global, and 24/7 payments, XUSD serves to bridge ASEAN’s financial ecosystem with the stability of the world’s primary reserve currency. Each XUSD is pegged to one United States Dollar, and has been acknowledged by the Monetary Authority of Singapore (MAS) to be compliant with Singapore's upcoming stablecoin regulatory framework.
Where can you buy StraitsX XUSD?
StraitsX XUSD (XUSD) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for XUSD sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for XUSD. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.