Singapore-based StraitsX has announced plans to deploy its XSGD and XUSD stablecoins on the Solana blockchain, with the launch expected by early 2026. The confirmation was made through a joint announcement with the Solana Foundation and reflects a broader effort to expand access to regulated digital currency settlements using high-performance public blockchain infrastructure. With this move, users will gain access to Singapore dollar and US dollar stablecoin settlements on Solana, a network known for low transaction costs and high throughput.
StraitsX has indicated that the integration will leverage Solana’s technical advantages to support near real-time settlement and improved payment efficiency. By operating on a fast and scalable blockchain, merchants and developers are expected to process cross-border transactions more seamlessly. The company communicated that this expansion aligns with growing global demand for stablecoin infrastructure that can support both commercial payments and emerging digital use cases.
Supporting AI-Driven and Automated Payments
The planned deployment also supports the expansion of x402-based payments infrastructure on Solana. The x402 interoperability standard is designed to enable automatic transactions between software agents and artificial intelligence systems. StraitsX has positioned XSGD and XUSD as suitable instruments for these machine-to-machine payment flows, particularly as micro-payments and automated services become more common.
The company has noted that this development aligns with the rise of AI-native applications and the broader agent-driven economy. With native support for the x402 standard, both XSGD and XUSD were designed from inception to handle automated agent-to-agent transactions. Once deployed on Solana, this functionality is expected to extend to the network’s ecosystem, potentially accelerating adoption across AI-powered payment and settlement use cases.
Existing Multi-Chain Presence and Adoption
XSGD is already live across several blockchain networks, including Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera, and the XRP Ledger. XUSD currently operates on Ethereum and BNB Smart Chain. Collectively, the two stablecoins have generated more than $18 billion in on-chain transaction volume, indicating meaningful adoption among users, developers, and institutional participants.
By adding Solana as a supported network, StraitsX is expanding the reach of its stablecoins while reinforcing a multi-chain strategy. The company has suggested that Solana’s performance characteristics make it a strong fit for high-frequency settlement and emerging automated payment demands.
Unified On-Chain FX and DeFi Integration
The deployment represents the first deep integration of the Singapore dollar and US dollar stablecoin ecosystems on the same Solana-based blockchain environment. As a result, Solana is expected to support unified on-chain foreign exchange between XSGD and XUSD. This structure enables automated market maker liquidity, lending markets, and institution-grade payment flows within decentralized finance.
We are thrilled to announce that StraitsX will be launching both $XSGD and $XUSD on the @solana chain.
This integration is a massive step forward for digital finance:
🔹First L1 to Unify: Solana becomes the first Layer-One blockchain to host both #XSGD and #XUSD, creating a… pic.twitter.com/9U6tGjdWzC— StraitsX (@StraitsX) December 16, 2025
According to StraitsX, this setup simplifies multi-currency settlement and improves capital efficiency across DeFi protocols. The company has confirmed that major centralized exchanges are preparing to list the Solana-native versions of XSGD and XUSD. At the same time, StraitsX is collaborating with decentralized exchanges and leading Solana DeFi protocols to establish liquidity pools and lending markets. These efforts are intended to strengthen the depth and resilience of Solana’s stablecoin payment stack.
Liquidity, Compliance, and Regulatory Alignment
The Solana Foundation is expected to work closely with StraitsX to support liquidity development across decentralized markets. Both parties have also emphasized the importance of addressing evolving risks related to money laundering and terrorism financing. This approach reflects a focus on maintaining regulatory compliance while preserving the efficiency and openness of the ecosystem.
StraitsX operates as a licensed Major Payment Institution under the Monetary Authority of Singapore. The company has confirmed that both XSGD and XUSD are recognized as compliant with Singapore’s upcoming stablecoin regulatory framework. Leadership at StraitsX has described the Solana expansion as a significant step toward meeting user expectations for instant, low-cost, and globally accessible payments. Overall, the move highlights growing momentum behind regulated, interoperable digital money infrastructure built on high-performance public blockchains.
