BankingCrypto

Liquid: Launches crypto ledger book for Singapore stablecoin

  • Liquid, one of the world’s largest cryptocurrency-fiat exchange platforms by trade volume, is partnering with Xfers
  • Xfers a Singapore-based B2B payment platform to introduce the first-of-its-kind crypto ledger order book for XSGD/SGD transactions on Liquid
  • Powered by open-source blockchain protocols, XSGD is an SGD stablecoin, which has 1:1 parity with the Singapore Dollar
  • Headquartered in Japan, Liquid is consistently among the top 10 exchanges by fiat-cryptocurrency volume
  • Liquid is also one of the first global exchanges to adopt multi-party computing (MPC) for securing cryptographic assets
  • Liquid and Xfers will together benefit from the power of Blockchain to help customers instantly deposit and convert their SGD to XSGD stablecoin
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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