As we say goodbye to the first half of 2021, the StraitsX team is excited to share that 1 billion XSGD (that's nine zeros!) has been transacted on-chain. To put that further into perspective, XSGD surpassed it's first 100 million XSGD just three months ago, in March of 2021.
Xfers has submitted a governance proposal on Aave's community forum for XSGD to be supported on the Aave lending protocol. Aave is a decentralised non-custodial lending protocol where users can participate as depositors or borrowers.
Xfers has successfully concluded a pilot test to demonstrate how the XSGD stablecoin can enable the transfer of event risks via Zilliqa blockchain-based smart contracts.
Since we introduced our digital Singapore dollar, XSGD, in October 2020, we have been working hard with partners to enable more XSGD support by different applications.
Since we launched XSGD in October 2020, XSGD has grown to a supply of over 40M with over 300M transactions completed on-chain, becoming the #1 stablecoin in Southeast Asia. We would like to express our heartfelt appreciation to all our users for making this possible.
In this instalment of the XSGD Hackathon showcase, we will be showcasing the runner-up winner — XSGDBridge.
We are thrilled to share that XSGD is now listed on Liquid Exchange with the XSGD/SGD pair.
We speak with Julian Sarcher, the winner of our XSGD hackathon on his winning submission - Zilgraph.
We’ve prepared a comprehensive tutorial to make it easier for anyone to get their XSGD tokens directly from the Xfers platform.
We are excited to announce the public release of XSGD, the world’s first Travel Rule¹ compliant stablecoin, backed 1:1 with the Singapore Dollar (SGD)!
An enhanced ZRC-2 XSGD contract, more wallets supported and first ERC-20 XSGD tokens minted.