{
  "url": "https://blockindex.ai/coin/xusd",
  "name": "XUSD",
  "links": {
    "github": null,
    "website": "https://overnight.fi/",
    "whitepaper": "https://www.coingecko.com/en/coins/overnight-fi-usd-arbitrum-one"
  },
  "dScore": 28,
  "market": {
    "priceUsd": 0.99943675832894,
    "marketCapUsd": 46538408.417854324,
    "volume24hUsd": 13474903.55745065,
    "priceChange7dPct": -0.04838721,
    "priceChange24hPct": -0.05893789
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 46564635.561,
    "circulatingPct": null
  },
  "ticker": "XUSD",
  "founder": "Liu Tianwei",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:27.440126+00:00",
  "fairLaunch": false,
  "launchYear": 2024,
  "description": "XUSD is a stablecoin designed to maintain a 1:1 peg with the U.S. Dollar. Issued by StraitsX, a licensed Major Payment Institution in Singapore, XUSD is versatile and accessible as it operates on multiple blockchains, including Ethereum and Binance Smart Chain. The stablecoin's smart contract was first deployed in February 2024, and it is fully backed by reserve assets, providing credibility and reliability in financial operations. StraitsX ensures transparency through monthly reserve attestation reports and extensive audits by firms including Quantstamp. The Monetary Authority of Singapore recognizes XUSD for complying with its stablecoin regulatory framework. Its unique advantage comes from compliance and operation on multiple blockchains, offering enhanced flexibility for cross-chain transactions. StraitsX enhances trust and security by ensuring the token is fully backed by reserves, supporting a wide range of financial applications within the stablecoin market, especially in the ASEAN economic landscape.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 7,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}