What XSGD is designed to do
XSGD is a fiat-backed stablecoin, currently ranked 573rd by market capitalization among the assets we track. Unlike volatile crypto assets, XSGD targets a fixed value backed by off-chain reserves. Holders use it to park value, settle trades, and move money — its entire value proposition is that it does not move.
XSGD is a Singapore Dollar-pegged stablecoin aimed at providing a digital asset that maintains price stability while facilitating fast and low-cost transactions on the blockchain. It is fully backed by Singapore Dollars held in a trust.
How the peg is meant to hold
Pegs are defended by market makers who profit from closing any gap to par. The strength of that defense comes down to whether the backing assets are liquid and the issuer is solvent.
XSGD is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
XSGD first went live in 2021, giving it roughly 5 years of on-chain price history to draw on. XSGD operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.
CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20).
Where XSGD sits in the market
At $0.7737, XSGD carries a market capitalization of $11.21M. Around $149.78K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.34% of the float — on the quieter side, which can mean thinner liquidity for large orders.
XSGD carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. XSGD remains -91% beneath its all-time high of $8.26, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour -0.03%, 7-day -0.92%. Within its stored 366-day daily history, XSGD mounted a low-to-high run of roughly 87% at its strongest stretch.
Volatility profile
Recent action puts XSGD in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a stablecoin like XSGD
A grounded read on XSGD comes down to three questions:
- Reserve quality — what backs XSGD — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
