StraitsX plans to introduce two fiat-pegged stablecoins, XSGD and XUSD, on the Monad blockchain network by early 2027. XSGD will be the first Singapore dollar stablecoin issued natively on Monad, while XUSD will be pegged to the U.S. dollar. The launch depends on meeting technical, regulatory, and compliance requirements. StraitsX is also exploring potential cross-border payment and card program applications using these tokens. Additionally, Monad has hinted at upcoming privacy features, though details and timelines remain undisclosed. These developments could drive significant activity on the Monad network in the future.
StraitsX's plan for stablecoin launches on Monad is noted alongside Pluang's market data as of Oct 01, 2026 14:41 WIB. For readers following cryptocurrency trends, here is Pluang's market snapshot: out of 50 major cryptocurrencies, 33 rose and 16 fell today. Notable movers include COMP at Rp440.860 with a 1-day change of -3.20% and a typical hold time of 97 days, GRT at Rp526 with a 1-day change of +3.20%, and DOT at Rp22.110 with a 1-day change of +2.78%.
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