Events

MAS-licensed issuer StraitsX plans to deploy its SGD- and USD-pegged tokens, XSGD and XUSD, on the Solana blockchain by early 2026. The rollout will enable instant SGD–USD swaps, on-chain FX, cross-border settlement and AI-driven payment capabilities, extending its proven multi-chain, high-volume stablecoin ecosystem.

Stream Finance froze operations due to a $93 million loss, causing the XUSD stablecoin to crash nearly 70%. This event highlighted potential $285 million cross-protocol exposure and renewed calls for better DeFi transparency and audits. Sentiment: Negative