StraitsX XUSD (XUSD) is a fiat-backed US dollar stablecoin. It has about $41.1M in circulation, ranking #81 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
XUSD price
$1.0000
On peg Circulating supply
$41.1M
30-day change
0.0%
Price
$1.0000
Blockchains
2
Tracked since
Jul 2025
What is XUSD?
StraitsX XUSD (XUSD) is a fiat-backed US dollar stablecoin. It has about $41.1M in circulation, ranking #81 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
In the issuer's words: XUSD is the StraitsX digital US Dollar, designed to revolutionise global payments with stability, transparency, and seamless integration for consumers and businesses.
XUSD supply history
$75.6M$34.7M
Oct 8, 2025Oct 8, 2026
$95.8M$0
Jul 17, 2025Oct 8, 2026
XUSD supply was flat over the past 30 days. Its peak was $93.0M in September 2025, and supply is 56% below that high.
Is XUSD holding its peg?
Last price
$1.0000
Target
1.0000 USD
Status
On pegXUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where XUSD lives: supply by blockchain
Supply is concentrated: BSC holds 83% of all XUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How XUSD is backed
Each XUSD is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XUSD into their preferred blockchain address by sending US dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with USD on the StraitsX platform.
XUSD risks
Issuer and custody
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Freezes and blacklists
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
Small and thinly traded
With $41.1M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Bridged versions
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
XUSD vs USDT and USDC
Similar fiat-backed stablecoins
See all →
XUSD in the news
XUSD FAQ
What is XUSD?
StraitsX XUSD (XUSD) is a fiat-backed US dollar stablecoin. It has about $41.1M in circulation, ranking #81 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
Is XUSD pegged 1:1 to the US dollar?
XUSD targets 1 USD. At the last update it traded at $1.0000, a deviation of +0.00%, which we classify as "on peg".
What backs XUSD?
XUSD is a fiat-backed stablecoin. Each XUSD is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is XUSD on?
XUSD is live on 2 blockchains. The largest by supply are BSC ($34.0M), Ethereum ($7.1M).
How much XUSD is in circulation?
About $41.1M of XUSD was in circulation at the last update, 0.0% over 30 days. That makes it the #81 stablecoin by supply among those we track.
Is XUSD safe?
No stablecoin is risk-free. As a fiat-backed design, XUSD's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. Its supply is small, so liquidity can be thin. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.