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About StraitsX XUSD
StraitsX XUSD is a USD-pegged stablecoin issued by StraitsX, designed to bridge the ASEAN financial ecosystem with global reserve currency stability. Launched in February 2024, it is engineered for swift 24/7 global payments and is acknowledged by the Monetary Authority of Singapore (MAS) as compliant with Singapore's stablecoin regulatory framework. Each XUSD token is pegged 1:1 to the United States Dollar and is backed by high-quality liquid assets.
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