Geek Culture
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Geek Culture

Is the StraightsX Singapore Dollar (XSGD) a good US Dollar Alternative?

Finding US Dollar alternative stablecoins is difficult. For example, on 9 August 2022, only two of CoinMarketCap’s largest stablecoins, the Statsis Euro (EURS) and XSGD (XSGD) were not USD instruments.

Obviously, the Euro backs the Stasis Euro, but what is the XSGD? The XSGD is a Singapore Dollar stablecoin that runs on the Ethereum (ETH) and Zilliqa (ZIL) blockchains. Zilliqa is a blockchain that supports powerful dApps (decentralized applications).

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Daniel G. Jennings

Daniel G. Jennings

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.