PANews reported on December 16th that StraitsX announced a partnership with the Solana Foundation to integrate its Singapore dollar-backed stablecoin XSGD and US dollar-backed stablecoin XUSD onto the Solana blockchain, with a planned launch in early 2026. This integration will leverage Solana's efficient, low-cost network to enable real-time global payments and digital commerce.

XSGD and XUSD have previously operated on multiple blockchains, with a cumulative on-chain transaction volume exceeding $18 billion. This listing on Solana will, for the first time, achieve deep connectivity between the Singapore dollar and the US dollar on the same chain, supporting on-chain forex, AMM liquidity, lending markets, and institutional-grade payment flows.

StraitsX and the Solana Foundation will also collaborate to promote deep liquidity in DEX, AMM, and lending markets, further solidifying Solana's central position in AI-driven on-chain payments and DeFi applications.