StraitsX to natively issue XSGD and XUSD on Monad in early 2027

PANews reported on October 1 that the Monad Foundation announced StraitsX plans to natively deploy the Singapore dollar stablecoin XSGD and the US dollar stablecoin XUSD to Monad in early 2027, and to explore using the network to support stablecoin payments and financial services. The deployment is still subject to technical, regulatory, compliance and partner requirements and has not yet gone live.