CNA938 Rewind - Inside Singapore’s digital dollar: The mechanics of SGD-backed stablecoins
Singapore has now made XSGD, a Singapore dollar–backed stablecoin, available on Coinbase via a partnership with StraitsX, pegged 1:1 and fully backed by reserves held at DBS and Standard Chartered. Hairianto Diman and Syahida Othman find out the regulations behind stablecoins and how they can reshape the flow of money across Singapore and Asean with Tin Pei Ling, Co-President, MetaComp
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11 min