StraitsX XUSD (XUSD) is a stablecoin cryptocurrency pegged to the US dollar, designed to provide a stable store of value and enable seamless transactions on the blockchain. It is issued by the StraitsX platform, which aims to facilitate cross-border payments and financial transactions using blockchain technology. XUSD can be used for various purposes such as remittances, online purchases, and trading on cryptocurrency exchanges. Its value is maintained at 1:1 ratio with the US dollar, offering users a reliable digital asset that minimizes price volatility often associated with traditional cryptocurrencies.