XUSD to Fiat Converter

Here’s a refined version of your text with improved clarity and readability while maintaining the original meaning and tone:

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XUSD is a U.S. Dollar-pegged stablecoin issued by StraitsX, a licensed Major Payment Institution in Singapore. Fully backed by reserve assets, XUSD is designed for fast, global payments, operating on both the Ethereum and Binance Smart Chain networks for near-instant settlement.

Launched in February 2024, XUSD aims to integrate ASEAN’s financial ecosystem with the stability of the U.S. Dollar. StraitsX ensures transparency through monthly reserve attestation reports conducted by an ISCA-listed auditing firm, alongside security audits by Quantstamp.

Additionally, the Monetary Authority of Singapore (MAS) has recognized XUSD as compliant with Singapore’s forthcoming stablecoin regulations, reinforcing its credibility.

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### Key Improvements:
- Simplified structure for better readability.
- Removed speculative language (e.g., "robust option").
- Kept factual details (audits, compliance, issuance).
- Maintained neutrality (no implied endorsements).
- Evergreen phrasing (no time-sensitive references).

Let me know if you'd like any further refinements!