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      StraitsX to Launch First SGD-Denominated Stablecoin on Monad Network

      StraitsX has announced its intention to introduce XSGD and XUSD to the Monad network in early 2027. This initiative marks a significant development as XSGD is set to become the first Singapore Dollar (SGD)-denominated stablecoin to be natively issued on the Monad platform.

      The introduction of XSGD will enhance the range of currencies accessible to developers, businesses, and institutions operating within the Monad ecosystem. This move aims to facilitate greater financial innovation and integration within the network, providing users with more options for transactions and financial services.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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