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MAS-regulated (Singapore)

Issued under Singapore's stablecoin framework, supervised by the Monetary Authority of Singapore.

Jurisdiction
Singapore
Regulator
Monetary Authority of Singapore
In force
Stablecoin framework finalised August 2023
Reserve rule
Reserves in cash, cash equivalents or short-dated sovereign debt, held with a minimum 100% backing and independent monthly attestation.
Redemption right
Redemption at par within five business days of request.
Disclosure
Monthly attestations plus an annual audit of the reserve fund.

What this regime does not protect you from

  • Tokens issued outside Singapore that use the same brand
  • Exchange or custodian failure
  • Any yield product built on top of the token

Tokens under MAS-regulated (Singapore) (1)

Columns
Stablecoins under MAS-regulated (Singapore)
USDG logoUSDGGlobal Dollar$3.40B$1.0000−0.22%4.96%92

Source: MAS — Regulation of stablecoin issuers. Regime tags describe an issuer's public registrations, not a rating.