The Singapore dollar settles on PayNow, the city-state's instant payment layer: a mobile number or entity ID registered at a bank receives dollars in seconds from any Singaporean banking app.
Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.
SGD checkouts can offer PayNow for domestic buyers, SWIFT for international ones, and cards through your own Stripe or Verifone account.
Singapore. Manual rail, no processor account.
International. Manual rail, no processor account.
Worldwide. Card processing via your own account.
Worldwide. Card processing via your own account.
XSGD, the Singapore dollar stablecoin issued in the MAS framework, trades on U.CASH as the on-chain leg for an SGD checkout, with no FX step between rail and token.
A store, a payment link, or an embedded checkout on U.CASH Pay lists what buyers can pay with. For Singapore Dollar, that includes the PayNow rail alongside card processing.
Your prices stay denominated in Singapore Dollar. The checkout derives the crypto amount live at payment time when a buyer pays with a digital asset, and the SGD figure is what your ledger reconciles against.
Buyers in the rail's reach settle through PayNow, and buyers paying the SGD-pegged token settle on-chain to your wallet. Each payment arrives with its reference and transaction detail in the record.
Hold receipts, convert them on a schedule, or pay out through the rails that reach your bank. Nothing about the currency choice locks the treasury path.
Reach, flow mode, and what each rail asks of the buyer, from the rail registry.
A practical composition for a Singapore Dollar merchant: the local rail wins domestic transactions on cost and speed, cards cover the buyers who reach for plastic, and the SGD peg carries cross-border settlement without correspondent banks. Offer all of them from one checkout and let each payment find its natural path; the invoice stays in SGD whichever leg carries it.
One SGD-pegged token trades on U.CASH: XSGD (XSGD). It settles as a standard token on its home chain, so a Singapore Dollar receipt can arrive on-chain without any bank in the loop, and the peg holds the two forms of the currency equivalent for accounting.
Countries served by the Singapore Dollar rails on U.CASH.
Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.
