StraitsX, a platform for digital asset payment services in Southeast Asia, has partnered exclusively with the Hedera network. As part of the collaboration, StraitsX's local XSGD token will now be supported on Hedera. The XSGD token has already gained considerable adoption since its launch in October 2020, with over 7 billion transfers on the chain, making it one of the largest non-USD stablecoins by market capitalization. The partnership with Hedera could lead to the XSGD token being listed on global crypto exchanges in the coming months. Hedera is a proof-of-stake network that combines high throughput, rapid finality, and low fees for transfers. The support provided by Hedera for XSGD is in line with the HBAR Foundation's objectives of providing resources to entrepreneurs to develop and deploy exclusive apps on Hedera. The launch of the XSGD token on Hedera is expected to enhance financial inclusion and value for the ecosystem of applications that provide real-time payments with the XSGD stablecoin.