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One of the advantages of using XSGD is that XSGD is one of the few stablecoins out there that are 100% fully fiat backed by cash, that means that for every single one unit of XSGD token that StraitsX issues, StraitsX has an equivalent one unit of SGD in the bank to ensure that when anyone would to convert XSGD back to SGD, it is always there and available
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Another advantage of using XSGD is that XSGD can also be used for Decentralised Finance (DeFi) purposes and more is explored here https://seedly.sg/posts/what-is-xsgd-and-how-do...
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Hello,
Thank you for your question. XSGD combines the stability of the Singapore Dollar with the fl...
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As I know, XSGD can be used for digital payments and transactions within the blockchain ecosystem. Its stable value makes it a reliable medium of exchange for various goods and services.
XSGD also can be used for cross-border remittances and international transfers, offering a cost-effective and efficient way to send money across borders.
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