StraitsX2026-10-01 02:10:12StraitsX plans to launch XSGD and XUSD on Monad in 2027Singapore stablecoin issuer StraitsX said it plans to launch its Singapore dollar stablecoin XSGD and U.S. dollar stablecoin XUSD on the Layer 1 blockchain Monad in 2027. The company said XSGD will be the first Singapore dollar stablecoin issued directly on Monad. StraitsX is a subsidiary of Singapore fintech firm Xfers and holds a Major Payment Institution license from the Monetary Authority of Singapore. The planned collaboration is aimed at using Monad’s high-performance blockchain infrastructure to support stablecoin settlement for Web3 applications. The update was cited by Techub News, with Tech in Asia referenced as the source of the report.310
stablecoin2026-07-09 20:39:13Stablecoin Market Cap Drops $1.9B as XUSD and USDX Break PegThe stablecoin market saw a $1.925 billion decline this week, led by Ethena's USDe falling 7.91%. Two stablecoins—Stream Finance's XUSD and Stable Labs' USDX—lost their dollar peg. Tether still dominates with 60.09% of the $305.5 billion market.1810
Stream Financ2026-06-30 03:01:18Stream Finance Starts Creditor Data Collection: $285M Complex Debt, xUSD Down 92%Defunct DeFi yield protocol Stream Finance has initiated creditor information collection via an online form, preparing for a 'potential global solution.' Estimated direct debt exposure stands at $285 million, split between direct holders of xUSD/xBTC/xETH and institutional lenders via Euler, Morpho, and other protocols. The largest curator, TelosC, has $124 million exposure; Elixir holds $68 million (65% of its deUSD reserves). xUSD currently trades at $0.08, an 92% drop from peg. Stream is also in legal dispute with former operator Caleb McMeans and previously disclosed a $93 million loss by an external fund manager in November last year, causing the depeg and freezing $160 million in deposits.1450
Stream Financ2026-06-30 02:31:16Stream Finance Bankruptcy: Creditor Information Collection Begins, $285M Debt ExposedThe collapsed DeFi yield protocol Stream Finance has started collecting creditor information via an online form in preparation for a 'potential global solution'. The debt structure is complex, involving direct holders of xUSD, xBTC, xETH and institutional lenders who accepted Stream tokens as collateral. Research firm Yields and More estimates direct debt exposure at approximately $285 million, with the largest curator TelosC accounting for $124 million and Elixir at $68 million (65% of its deUSD stablecoin reserves). xUSD currently trades at around $0.08, down 92% from its peg. Stream is also in legal dispute with former operator Caleb McMeans, and creditor priority remains undetermined.1370
Stream Financ2026-06-30 01:19:12Stream Finance Starts Creditor Info Collection for Potential Global Solution; Founders Sue Partner for $93M Asset MisappropriationDeFi 收益协议 Stream Finance 宣布通过在线表单收集潜在债权人信息，作为迈向潜在全球解决方案的第一步，涉及 xUSD、xBTC、xETH 持有者及机构贷方。此前，创始团队已在美国联邦法院起诉合作伙伴，指控其挪用 9300 万美元协议资产填补个人爆仓，并谎称「车祸毁掉笔记本」以掩盖丑闻。此次信息收集是协议危机后首次系统性梳理债务，但官方强调提交表单不确认债权或付款权利。400
