StraitX is set to make its official debut by launching stablecoins pegged to both the Singapore dollar and the U.S. dollar on the Solana blockchain, facilitating rapid and efficient currency exchange for users. This innovative initiative aims to enhance the accessibility and speed of transactions, providing a seamless experience for individuals and businesses looking to conduct cross-border exchanges. By utilizing the Solana platform, which is known for its high throughput and low transaction costs, StraitX is poised to revolutionize the way users interact with digital currencies in both Singapore and the United States.
source: https://www.coindesk.com/markets/2025/12/16/straitx-to-debut-singapore-and-u-s-dollar-stablecoins-on-solana-for-quick-sgd-usd-swaps