XSGD XSGD

XSGD is the fully collateralized Singapore Dollar stablecoin, powered by open-source blockchain protocols. All Xfers issued SGD-backed stablecoins have 1:1 parity with Singapore Dollar.

XSGD tokens are available on two distinct blockchain protocols:

• XSGD (ERC-20) tokens run on the Ethereum blockchain as ERC-20 tokens and can be stored with any ERC-20 compatible wallet.
• XSGD (ZRC-2) tokens run on the Zilliqa blockchain as ZRC-2 tokens and can be stored with any ZRC-2 compatible wallet.

Xfers verified users can seamlessly convert their XSGD (ERC-20) into XSGD (ZRC-2) tokens and vice versa by depositing tokens into their Xfers deposit address, then withdrawing their SGD balance on a different blockchain.