Overview

XUSD is a fully collateralized US Dollar (USD) stablecoin issued by StraitsX. It is powered by open-source blockchain protocols and backed 1:1 with the US Dollar, ensuring stability and reliability for users who require USD exposure in digital form.

Collateral & Redemption

XUSD is fully backed by USD reserves held with StraitsX and its regulated partners. You can redeem XUSD at a 1:1 ratio with USD directly on the StraitsX platform.

Usage & Transactions

When you deposit (transfer in) USD into your StraitsX account, the balance will be reflected as XUSD. When you withdraw (transfer out) XUSD to your bank account, you will receive the equivalent amount in USD.

Conversion Fees

There are no fees when converting between USD and XUSD on the StraitsX platform.

Learn More

For a deeper dive into XUSD and its underlying mechanisms, please refer to our whitepaper.