XSGD is a stablecoin that represents the Singapore Dollar (SGD) on the blockchain, launched by the fintech company Xfers in 2020. It is a digital asset designed to provide users with a stable, reliable cryptocurrency that maintains a 1:1 peg to the Singapore Dollar. Built on the Ethereum and Zilliqa blockchains, XSGD combines blockchain technology’s security and transparency with the stability of a traditional fiat currency. XSGD is primarily aimed at fostering financial inclusion and innovation within Southeast Asia, enabling seamless cross-border transactions and digital payments. By leveraging smart contracts, XSGD enhances the trust and efficiency of transactions, catering to both individuals and businesses seeking a stable digital currency in the region.