StraitsX said Oct. 1 that it intends to issue Singapore dollar stablecoin XSGD and U.S. dollar stablecoin XUSD natively on Monad in early 2027, subject to technical, regulatory and compliance requirements. XSGD would become the first Singapore dollar-denominated stablecoin issued directly on Monad. The planned integration comes as MON rose 15% in 24 hours to about $0.03181, with a 32.40% weekly gain, while spot trading volume jumped 226.60% to $145.2 million. Open interest in perpetual contracts reached $188.2 million, nearly half of MON's $376.1 million market capitalization. StraitsX said the launch could support payment and card applications, while Monad is also developing post-quantum security measures and signaling additional privacy features ahead of its Oct. 6 Open Summit.