Crypto infrastructure company StraitX announced plans to launch its Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD on the Solana blockchain in early 2026. This collaboration aims to enable instant exchange between the Singapore dollar (SGD) and the US dollar (USD) on Solana. StraitX CEO and co-founder Tianwei Liu stated that the simultaneous launch of XSGD and XUSD on Solana will integrate centralized exchange (CEX) support, automated market maker (AMM) liquidity, lending pools, and everyday payments onto a single high-performance blockchain. Lu Yin, Head of Asia Pacific at the Solana Foundation, stated that the arrival of XSGD brings Solana users their first digital version of the Singapore dollar. The Solana network currently hosts $15.7 billion worth of stablecoins pegged to currencies such as the US dollar and Australian dollar, but previously lacked a Singapore dollar option. StraitX stated that the two stablecoins have already processed over $18 billion in on-chain transactions. According to Coingecko data, as of press time, the market capitalization of XSGD and XUSD is $13 million and $50 million, respectively. XSGD is listed on Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera, and XRPL, while XUSD is listed on Ethereum and BNB Smart Chain.