Key Highlights
- StraitsX will bring XSGD and XUSD to Solana, enabling faster cross-border payments and supporting AI-driven and automated transactions.
- Both stablecoins will support the x402 standard, an interoperability protocol designed for autonomous machine-to-machine and AI-agent micropayments.
- Solana’s stablecoin market is recovering, and the addition of XSGD and XUSD may boost adoption among developers, businesses, and institutional users.
StraitsX, a stablecoin settlement layer operating in Singapore, is soon going to introduce XSGD and XUSD on the Solana blockchain in early 2026. This partnership has been formed between StraitsX and Solana Foundation. The team focuses on providing hassle-free settlement for Singapore dollars and US dollars at a high speed and low cost.
As more payments on Solana use the x402 standard, XSGD and XUSD will support AI-powered apps and automatic machine-to-machine transactions. This integration means people, developers, and businesses can send money faster and in real time across the globe.
The initiative comes as StraitsX continues to grow its multi-chain settlement capabilities. XSGD already operates on Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera, and XRPL, while XUSD functions on Ethereum and BNB Smart Chain.
Together, these stablecoins process over $18 billion in on-chain transactions, used by both retail and institutional participants. The Solana launch will also support liquidity, cross-border payments, and decentralized finance (DeFi).
Solana technology integration and technical advantages
The integration with Solana will harness the speed and low cost of the network’s infrastructure to enable real-time transactions. Further, both XSGD and XUSD support the x402 standard for agent-to-agent payments.
Thus, the stablecoins are poised to meet the future demands that come with AI-native apps and decentralized marketplaces. The current development is the first time the SGD and USD ecosystems will share the same chain, thus allowing liquidity in the form of automated market makers, lending markets, and institutional-level flows.
StraitsX is also working together with major centralized exchanges, as well as decentralized platforms on Solana. This is envisioned to help in creating liquidity pools, as well as lending markets, for both XSGD and XUSD. As a result, users can access cross-chain settlements, together with fast financial transactions, without using traditional intermediaries.
Institutional and market implications
Tianwei Liu, CEO and Co-Founder of StraitsX, highlighted the importance of instant and low-cost payments. “Launching XSGD and XUSD together on Solana will be game-changing. It unites CEX support, AMM liquidity, lending pools and everyday payments on a single high-performance chain,” he said.
Lu Yin, Head of Asia-Pacific at Solana Foundation, added, “Welcoming both XSGD and XUSD to Solana expands the network’s role as a top global payments chain.”
The launch takes place amidst rising interest from the traditional sector. Western Union had announced in October that it would launch its USD-backed stablecoin called USDPT on the Solana blockchain network by 2026.
The company endeavors to link digital assets with off-chain payments through the newly formed Digital Asset Network. Therefore, Solana has emerged as a one-stop destination for stablecoin liquidity, international money transfers, and AI-powered micropayments.
According to data from DeFiLlama, the stablecoin market on the Solana network stands at $15.723 billion with USDC occupying 69.2% of the whole market capitalization.
In the past, the stablecoin market had declined from $6 billion in mid-2022 to below $3 billion in early 2023 but largely regained momentum from 2024 to 2025. Another boost may soon come with the emergence of XSGD and XUSD.
StraitsX coming to Solana makes sending money across borders faster and easier. People can move funds instantly, and businesses get a simple, all-in-one system for digital payments. This move also shows Solana is becoming a key player for stablecoins.
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