What is StraitsX USD (XUSD)?

StraitsX USD (XUSD) is a stablecoin designed for seamless transactions across multiple blockchain networks.

What are the risks associated with transferring StraitsX USD?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets and ensure secure handling of private keys.

How can I verify the acquisition of StraitsX USD?

Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct before sending assets.

Where can I find official resources for StraitsX USD?

Official resources for StraitsX USD can be found on the StraitsX website and blockchain explorers like Etherscan, BSCScan, and Solscan.

What are the documented use cases for StraitsX USD?

StraitsX USD serves as a bridge between institutional-grade trust and on-chain utility, enabling users to leverage blockchain technology.

StraitsX USD (XUSD)

Rank #316

Market snapshot

Price: $1.00
Market cap: $55.2M
24h volume: $12.9M
Circulating supply: 55,131,804.341
Total supply: 55,131,804.341
Max supply: N/A

What is StraitsX USD?

StraitsX USD (XUSD) serves as a stablecoin facilitating the transfer of USD across supported blockchain networks. It aims to provide users with digital asset that can be utilized for various transactions while ensuring stability in value.

Key information

Symbol: XUSD
CMC rank: #316
Network / platforms: BNB Smart Chain (BEP20), Ethereum, Solana
Categories: N/A
Date added: Jul 24, 2024

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

BNB Smart Chain (BEP20)
0xF81aC2E1A0373ddE1BcE01E2Fe694a9b7E3bfcB9
Ethereum
0xC08e7E23C235073C6807C2EFE7021304cb7c2815
Solana
4UbvZiomFvXDnZSz6vdHiDNiHozH2ykTEqjhhbVHiv9z

Documented uses

StraitsX USD acts as a bridge between institutional-grade trust and on-chain utility, allowing users to leverage the benefits of blockchain technology while maintaining confidence in the asset's value.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is StraitsX USD (XUSD)?: StraitsX USD (XUSD) is a stablecoin designed for seamless transactions across multiple blockchain networks.
What are the risks associated with transferring StraitsX USD?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets and ensure secure handling of private keys.
How can I verify the acquisition of StraitsX USD?: Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct before sending assets.
Where can I find official resources for StraitsX USD?: Official resources for StraitsX USD can be found on the StraitsX website and blockchain explorers like Etherscan, BSCScan, and Solscan.
What are the documented use cases for StraitsX USD?: StraitsX USD serves as a bridge between institutional-grade trust and on-chain utility, enabling users to leverage blockchain technology.

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