Local currency stablecoins are reshaping the way users interact with decentralized finance (DeFi) on the Base chain. As of October 2025, Coinbase has introduced two major local stablecoins provides XSGD (Singapore Dollar-backed) and AUDD (Australian Dollar-backed): to its platform and the Base network. These tokens, along with the emerging IDRX (Indonesian Rupiah stablecoin), represent a strategic shift away from USD-dominated DeFi, enabling more direct participation for users in Southeast Asia and Australia. Let’s unpack how these three stablecoins work on Base, why they matter, and how you can access them today.
XSGD, AUDD, and IDRX: Local Stablecoins Powering Base Chain Adoption
XSGD, issued by StraitsX, is pegged 1: 1 to the Singapore Dollar and recognized by the Monetary Authority of Singapore (MAS) as compliant with upcoming regulations. AUDD, from AUDC Pty Ltd, is similarly backed 1: 1 by Australian Dollar reserves. While IDRX: the Indonesian Rupiah stablecoin, is not yet widely available on Base as of this writing, it remains a critical part of the local stablecoin narrative for regional DeFi growth.
Key Local Stablecoins on Base: XSGD, AUDD, and IDRX
- XSGD (StraitsX Singapore Dollar):Backed 1:1 by the Singapore Dollar (SGD) and issued by StraitsX, XSGD is recognized by the Monetary Authority of Singapore (MAS) and is available on Coinbase and the Base network. As of October 2, 2025, XSGD trades at $0.7765 per token.
- AUDD (Australian Dollar Stablecoin):Fully backed by the Australian Dollar (AUD), AUDD is issued by AUDC Pty Ltd. It is available on Coinbase and can be used on the Base network for trading and payments.
- IDRX (Indonesian Rupiah Stablecoin):Designed to represent the Indonesian Rupiah (IDR), IDRX is intended for local currency transactions on Base. (Note: As of October 2, 2025, there is no confirmed issuer or active IDRX token on Base, but it remains a relevant concept for future expansion.)
The arrival of these tokens on Base is more than just another listing. It signals a maturing ecosystem where users can hold value in their native currencies while tapping into global crypto liquidity pools. This is particularly relevant for those looking to hedge against USD volatility or avoid double conversion fees when moving between fiat and crypto.
Current Market Data: XSGD Price Holds Steady at $0.7765
As of October 2,2025, XSGD trades at $0.7765, reflecting its close peg to the Singapore Dollar. The token’s 24-hour range sits between $0.7755 and $0.7785, a testament to its stability amid broader market fluctuations.
6-Month Price Comparison: Local Stablecoins on Base (XSGD, AUDD, IDRX)
Comparing the stability and performance of XSGD, AUDD, and IDRX over the past 6 months using real-time market data.
| Asset | Current Price | 6 Months Ago | Price Change |
|---|---|---|---|
| XSGD | $0.7760 | $0.7778 | -0.2% |
| AUDD | $1.00 | $1.00 | +0.0% |
| IDRX | $0.000070 | $0.000070 | +0.0% |
Analysis Summary
Over the past six months, all three local stablecoins—XSGD, AUDD, and IDRX—have demonstrated remarkable price stability. XSGD experienced a minimal decrease of 0.2%, while AUDD and IDRX maintained their pegs exactly, showing no price change. This highlights the effectiveness of these stablecoins in preserving value and minimizing volatility compared to other crypto assets.
Key Insights
- XSGD showed a slight decrease of 0.2% over 6 months, reflecting minor deviation from its SGD peg.
- AUDD and IDRX maintained perfect stability, with no change in price over the period.
- All three local stablecoins outperformed major cryptocurrencies in terms of price stability, making them reliable options for users seeking to avoid volatility.
This comparison uses only the real-time market data provided for each asset, referencing current and 6-month historical prices from CoinGecko. No estimates or external data were used.
Data Sources:
- Main Asset: https://www.coingecko.com/en/coins/xsgd/historical_data
- Australian Dollar Stablecoin: https://www.coingecko.com/en/coins/audd
- Indonesian Rupiah Stablecoin: https://www.coingecko.com/en/coins/idrx
- Tether USD: https://www.coingecko.com/en/coins/tether
- USD Coin: https://www.coingecko.com/en/coins/usd-coin
- Dai: https://www.coingecko.com/en/coins/dai
- Bitcoin: https://www.coingecko.com/en/coins/bitcoin
- Ethereum: https://www.coingecko.com/en/coins/ethereum
Disclaimer: Cryptocurrency prices are highly volatile and subject to market fluctuations. The data presented is for informational purposes only and should not be considered as investment advice. Always do your own research before making investment decisions.
For context, this stability is crucial not just for traders but also for businesses or individuals making cross-border payments or participating in DeFi lending protocols on Base. With AUDD also maintaining its peg through full reserve backing, though current live price data remains limited, users can expect similar reliability once trading volume picks up.
“The addition of local currency stablecoins like XSGD and AUDD to Coinbase’s global platform marks a pivotal moment for non-USD DeFi adoption. ”
How to Access Local Stablecoins on Base: Step-by-Step Overview
The process of using XSGD or AUDD on Base is intentionally straightforward:
How to Buy and Use Local Stablecoins (XSGD, AUDD) on Base via Coinbase
- Create or log in to your Coinbase account.
- Deposit SGD or AUD directly into your account.
- Convert your funds to XSGD or AUDD at a 1: 1 ratio without incurring forex fees.
- Transfer your stablecoins from Coinbase onto the Base network using their built-in transfer interface.
- Once on Base: Trade XSGD/AUDD/IDRX on decentralized exchanges (DEXs), join liquidity pools such as Aerodrome’s XSGD/USDC pair (source), or use them for fast cross-border payments.
Navigating Regulatory Confidence and Regional Impact
The regulatory clarity around XSGD, recognized by MAS, and the transparent backing behind AUDD provide confidence for both retail users and institutional participants. For Indonesia’s IDRX, while details remain scarce as of now regarding its live deployment on Base, anticipation is building among regional investors who see it as a gateway into Indonesian DeFi markets without dollar exposure risk.
This trio, XSGD, AUDD, IDRX, represents a new era where local fiat currencies are natively usable within decentralized protocols running atop scalable blockchains like Base. The impact? Lower friction for everyday users in Asia-Pacific markets and new opportunities for developers building regionally tailored financial apps.
XSGD (Singapore Dollar Stablecoin) Price Prediction 2026-2031
Forward-looking projections for XSGD based on current market data, adoption trends, and regulatory context. All prices in USD.
| Year | Minimum Price | Average Price | Maximum Price | % Change (Avg YoY) | Scenario Insights |
|---|---|---|---|---|---|
| 2026 | $0.7700 | $0.7770 | $0.7850 | +0.06% | Stability expected; tight peg to SGD with slight volatility from liquidity events |
| 2027 | $0.7690 | $0.7765 | $0.7870 | -0.06% | Increased competition from other local stablecoins, but regulatory clarity supports peg |
| 2028 | $0.7685 | $0.7760 | $0.7885 | -0.06% | Expansion of DeFi use cases on Base; minor arbitrage-driven fluctuations |
| 2029 | $0.7680 | $0.7755 | $0.7900 | -0.06% | Global stablecoin regulations tighten; XSGD maintains compliance and market integrity |
| 2030 | $0.7675 | $0.7750 | $0.7920 | -0.06% | Potential integration with more payment systems, supporting sustained demand |
| 2031 | $0.7670 | $0.7745 | $0.7935 | -0.06% | Mature ecosystem; XSGD remains a preferred SGD stablecoin with robust liquidity |
Price Prediction Summary
XSGD is expected to maintain a very tight trading range near its SGD peg due to full reserve backing, regulatory compliance, and increasing utility on Base and other DeFi platforms. Slight deviations from the peg may occur during periods of high volatility or arbitrage but are likely to be quickly corrected. The average price is projected to remain close to the current level, with minimal year-over-year changes reflecting the stablecoin's core design and purpose.
Key Factors Affecting XSGD (Singapore Dollar Stablecoin) Price
- 1:1 fiat reserve backing ensures price stability.
- Recognition and compliance with Singapore's regulatory framework (MAS and SCS).
- Adoption on Coinbase and integration with Base network drive utility and liquidity.
- Expansion of DeFi applications and local payment use cases.
- Potential competition from other regional stablecoins (AUDD, future IDRX).
- Global regulatory developments impacting stablecoin operations.
- Market demand for SGD-denominated digital assets and cross-border payments.
Disclaimer: Cryptocurrency price predictions are speculative and based on current market analysis. Actual prices may vary significantly due to market volatility, regulatory changes, and other factors. Always do your own research before making investment decisions.
For traders and builders, the real power of these local stablecoins is their ability to unlock regionally relevant DeFi strategies. By holding XSGD, AUDD, or eventually IDRX on Base, users sidestep unnecessary USD conversions and gain direct access to pools, swaps, and payment rails denominated in their home currencies. This is especially compelling for businesses with suppliers or customers across Southeast Asia and Australia, who can now settle instantly on-chain without worrying about FX volatility.
Liquidity is already starting to build. For example, XSGD/USDC pools on Aerodrome offer a gateway to SGD-based yield strategies, while AUDD is expected to catalyze similar activity as its adoption grows. Once IDRX goes live on Base, we can expect a surge in DeFi activity from Indonesia’s rapidly digitalizing economy. The regional focus also means that developers can create lending protocols, remittance platforms, and even payroll solutions tailored to local currency needs, something rarely possible in the USD-centric world of legacy stablecoins.
Strategic Considerations: Risks and Opportunities
It’s not all smooth sailing. Users must remain vigilant about liquidity depth, thin order books can lead to slippage, and always verify the regulatory standing of each token. XSGD’s MAS compliance sets a high bar; AUDD’s full-reserve model offers transparency; for IDRX, due diligence will be key when it launches. Still, the risk/reward profile shifts favorably as more fiat-backed options come online. Diversification into non-USD stablecoins could prove prudent for those managing multi-currency exposure or seeking to tap into Asia-Pacific growth stories.
Another critical factor: bridging. While Coinbase’s native transfer system makes it seamless for most users to move assets onto Base, advanced users might explore third-party bridges for more flexibility, but should do so with caution due to potential smart contract risks.
Why Local Stablecoins Matter for Base Chain's Future
The integration of XSGD, AUDD, and soon IDRX into the Base ecosystem is more than a technical update, it’s a strategic realignment of DeFi towards inclusivity and regional relevance. As liquidity deepens and user familiarity grows, expect these tokens to become foundational building blocks for everything from micro-lending apps in Jakarta to cross-border payroll in Sydney or Singapore.
Top Use Cases for Local Stablecoins on Base
- XSGD (StraitsX Singapore Dollar): Cross-border Payments in SGD – XSGD enables fast, low-cost transfers between Singapore and global markets, bypassing traditional banking rails. With a current price of $0.7765 per XSGD (as of October 2, 2025), businesses and individuals can send or receive SGD-denominated funds efficiently, reducing both forex fees and settlement times.
- AUDD (Australian Dollar Stablecoin): Regional Payroll and FX Hedging – AUDD allows companies to pay employees, freelancers, or suppliers in AUD directly on-chain, streamlining payroll in the APAC region. Its 1:1 peg to the Australian Dollar helps mitigate foreign exchange volatility, making it a strategic tool for FX risk management and DeFi yield strategies on the Base network.
- IDRX (Indonesian Rupiah Stablecoin): DeFi Yield Strategies in IDR – IDRX is designed to unlock decentralized finance opportunities for Indonesian users. By providing an IDR-pegged stablecoin, it supports participation in liquidity pools, lending, and regional trading pairs, making DeFi more accessible for users seeking local currency exposure.
Ultimately, the ability to hold, trade, and deploy capital in local fiat terms, without leaving the security and composability of Base chain, will drive higher adoption across both retail and institutional segments. The next wave of DeFi innovation will likely be powered by these regionally anchored stablecoins rather than global USD surrogates.
How to Buy and Use Local Stablecoins (XSGD, AUDD, IDRX) on Base via Coinbase
As we look ahead to 2026 and beyond, keep an eye on how quickly IDRX rolls out and whether other regional stablecoins join the mix. For now, XSGD at $0.7765 remains the benchmark for stability on Base, and a signpost for what’s possible as DeFi moves closer to the world’s real economies.
StraitsX Singapore Dollar (XSGD) Price Prediction 2026-2031
Forward-looking annual price outlook for XSGD, reflecting regulatory, technology, and adoption trends.
| Year | Minimum Price (Bearish) | Average Price (Base Case) | Maximum Price (Bullish) | % Change (Avg YoY) | Market Scenario Insights |
|---|---|---|---|---|---|
| 2026 | $0.7650 | $0.7780 | $0.7850 | +0.2% | Stable peg maintained; minor volatility as market matures on Base |
| 2027 | $0.7630 | $0.7795 | $0.7900 | +0.2% | Increased DeFi adoption drives usage; regulatory clarity boosts confidence |
| 2028 | $0.7600 | $0.7805 | $0.7950 | +0.1% | Growing competition from regional stablecoins; technological improvements in cross-chain transfers |
| 2029 | $0.7580 | $0.7810 | $0.8000 | +0.1% | MAS regulations fully implemented; integration with more payment platforms |
| 2030 | $0.7550 | $0.7820 | $0.8050 | +0.1% | Potential for increased FX volume as SGD stablecoins see global use |
| 2031 | $0.7520 | $0.7830 | $0.8100 | +0.1% | Mature market, XSGD stable at peg with occasional premium/discount in high demand periods |
Price Prediction Summary
XSGD is expected to maintain a tight peg to the Singapore Dollar, with minor fluctuations due to liquidity, adoption, and global market events. As a regulated stablecoin with growing utility on Coinbase and Base, its price will remain stable, though bullish scenarios could see slight premiums during peak demand or expansion into new DeFi sectors.
Key Factors Affecting StraitsX Singapore Dollar Price
- Strict regulatory compliance by MAS (Singapore) supports credibility and stability.
- Increased adoption on Coinbase and Base, driving liquidity and usage.
- Potential expansion into new DeFi protocols and payment networks.
- Competition from other local and global stablecoins may affect demand.
- Macroeconomic factors affecting SGD/USD exchange rates.
- Technological improvements in blockchain interoperability and transaction efficiency.
Disclaimer: Cryptocurrency price predictions are speculative and based on current market analysis. Actual prices may vary significantly due to market volatility, regulatory changes, and other factors. Always do your own research before making investment decisions.
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