StraitsX

StraitsX is a Singapore-based digital asset and payments platform that aims to bridge traditional finance with the digital asset space. It is the issuer of the Singapore Dollar-backed stablecoin, XSGD, and the Indonesian Rupiah-backed stablecoin, XIDR. Operating as part of Fazz, a major Southeast Asian digital financial services group, StraitsX is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution. The company provides business-to-business API solutions, including StraitsX Business Accounts and StraitsX APIs, enabling businesses to seamlessly manage, accept, and disburse funds in both fiat and stablecoins.