xSGD on Base

What is xSGD?

StraitsX SGD (xSGD) is a fully collateralized stablecoin pegged 1:1 to the Singapore Dollar, issued by StraitsX. Backed by cash and cash equivalents denominated in SGD at licensed banks, xSGD is compliant with Singapore regulatory guidelines, offering a trusted digital Singapore Dollar for global settlement, trading, and DeFi on Base. For details, visit StraitsX.

Why use xSGD in Mo?

• Transparent Fees: Mo charges a flat 0.1% fee on trades in Mo Trade with no hidden spreads. Bank money in is free; bank money out is 1%.
• Free Transfers: Send xSGD globally to any Mo user for free. Mo-to-Mo sends have zero transaction fees.
• Near-Instant Settlement: Moving xSGD on the Base network settles in seconds, providing a fast and reliable alternative to traditional banking rails.
• Smart Wallet Control: Hold your assets securely in your Mo smart wallet, retaining full custody and access at all times.

On Base

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