XSGD | Crypto

The XRP Ledger (XRPL) added three stablecoins, EURØP, USDB, and XSGD, to its ecosystem this week. According to the announcements, each of the tokens is backed by fiat currencies and will reinforce XRPL’s role in the fast-evolving global stablecoin market. Notably, XRPL is fast becoming a top choice for stablecoin issuers and institutional players due […] The post XRP Ledger sharpens competitive edge with fresh stablecoin additions of EURØP, USDB, and XSGD appeared first on CryptoSlate.

StraitsX has launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger to meet the rising demand for regulated multi-chain stablecoins in cross-border payments.