Cointelegraph••1 min read
StraitsX to Launch SGD, USD Stablecoins on Solana by 2026
The Arch TakeNeutral
StraitsX, a stablecoin issuer licensed by the Monetary Authority of Singapore, intends to expand its stablecoin offerings to the Solana blockchain. The company plans to introduce its Singapore Dollar (SGD) and US Dollar (USD) backed stablecoins on Solana. According to reports, the expansion is slated for 2026 and is aimed at facilitating AI-driven transactions. This development indicates a move towards integrating traditional currencies with blockchain technology, potentially enhancing the utility of stablecoins in decentralized finance.
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