We are pleased to announce that XSGD is now listed on Bistamp, the world’s longest-running cryptocurrency exchange! 

The listing on Bitstamp will significantly enhance XSGD’s liquidity, enabling users and businesses to more easily access stablecoins for international transactions. This will allow faster settlement times, reduced transaction costs, and access to competitive exchange rates, making XSGD a powerful tool for seamless and cost-effective cross-border payment flows. 

• XSGD is available on Bitstamp via the Avalanche C-Chain, with more networks to be supported soon
• Available trading pairs on Bitstamp  include XSGD:USD, and XSGD:USDT

"The listing of XSGD on Bitstamp is a pivotal moment in our mission to bring StraitsX’s stablecoins to the global stage. By improving liquidity and accessibility, we are enabling faster, more transparent, efficient, and cost-effective on-chain cross-border payment flows. This will transform how individuals and businesses transact internationally, unlocking new opportunities for financial inclusion and global trade," said Jason Tay, Head of Commercial at StraitsX.

“We are excited to list XSGD and collaborate with similarly regulated partners to bring the immense utility of stablecoins to the global markets we serve. As demand for non-dollar stablecoins continues to grow, the addition of a trusted SGD-backed asset brings new participants to Bitstamp and opens new liquid markets for our customers. This further drives the velocity of money by helping to connect institutions and individuals via more efficient cross-border transactions that are on-chain." said Leonard Hoh, General Manager for APAC at Bitstamp.

Start trading XSGD on Bitstamp today.

About Bitstamp

Bitstamp is the world’s longest-standing cryptocurrency exchange, continuously providing safe and open access to crypto since 2011. With a proven track record and mature approach to the industry, Bitstamp provides a secure and transparent trading venue to over five million individuals and is the preferred choice for a range of institutional clients seeking a trusted partner to participate in crypto markets. Bitstamp is a sector leader in both security and compliance, with more than 50 licences and registrations secured with financial regulators across the globe.    

More info is available at https://www.bitstamp.net/