StraitsX, a leading digital payment infrastructure provider backed by institutions like Standard Chartered and DBS, has partnered with Ripple to deploy its XSGD stablecoin on the XRP Ledger. This move marks a significant step towards real-time, regulated financial transactions across Asia. StraitsX aims to leverage the XRP Ledger’s speed, cost-efficiency, and security for faster, more reliable payments in Singapore dollars. 12. Crypto investor Mr. Man believes this deployment signals the emergence of a unified global financial system, where the XRP Ledger acts as the central backbone for interoperability and liquidity flow across various financial systems. This is evident through advancements like RLUSD, cross-chain bridges, decentralized recovery, and multi-party computation custody features all contributing to the ecosystem.