Live rates
USDC → EURC0.9214 +0.18%
USDC → XSGD1.3408 -0.04%
USDC → BRLA4.9721 +0.42%
XSGD → TGBP0.5812 +0.15%
USDC → EURC0.9214 +0.18%
USDC → BRLA4.9721 +0.42%
USDC → XSGD1.3408 -0.04%
EURC → GBPA0.8403 -0.22%
USDC → MXNB19.94 +0.31%
USDC → KRWO1,384 -0.07%
USDC → JPYC152.41 +0.14%
USDC → NZDD1.6720 -0.08%
USDC → CCHF0.8812 +0.05%
USDC → CADC1.3712 -0.12%
USDC → EURC0.9214 +0.18%
USDC → XSGD1.3408 -0.04%
USDC → BRLA4.9721 +0.42%
XSGD → TGBP0.5812 +0.15%
USDC → EURC0.9214 +0.18%
USDC → BRLA4.9721 +0.42%
USDC → XSGD1.3408 -0.04%
EURC → GBPA0.8403 -0.22%
USDC → MXNB19.94 +0.31%
USDC → KRWO1,384 -0.07%
USDC → JPYC152.41 +0.14%
USDC → NZDD1.6720 -0.08%
USDC → CCHF0.8812 +0.05%
USDC → CADC1.3712 -0.12%
Coverage/SGD ↔ MYR
Corridor · Intra-APAC

🇸🇬SGD to 🇲🇾MYR

Tens of thousands of daily SG-MY commuters and a deep B2B supply chain. PayNow ↔ DuitNow has launched bank-side, but FX margins remain.

Indicative LP APYSteady
7.6%
Swap fee
8 bps
Spread
6 bps
30D volume
$1.4M
Utilization
64%
Settlement
Sub-second on-chain · ~10s door-to-door
Status
Live

Indicative figures from trailing 30-day flow. Not a guarantee of returns. See full disclaimer below.

End-to-end flow

How a SGDMYR payment moves through Sera.

SGD via PayNow → XSGD → SOR routes XSGD↔USDC↔MYR inventory → MYR via DuitNow.

End-to-end corridor
SGD → MYR · live corridor
🇸🇬Fiat inSGD via PayNowVirtual account
StablecoinXSGDMint / deposit
Sera FXXSGD → USDCSub-second swap
StablecoinUSDCSettlement
🇲🇾Fiat outMYR via DuitNowPayout rail
Supported rails

Real-time on both sides.

Sera plugs into the local instant-payment networks on both ends so the flow stays settled in seconds, not days.

🇸🇬
SGD · Singapore
Singapore Dollar
Bridge · XSGD
  • PayNow
    Bank/mobile addressable
    Real-time
  • FAST
    Domestic interbank
    Real-time
🇲🇾
MYR · Malaysia
Malaysian Ringgit
Bridge · USDC
  • DuitNow
    Real-time
  • FPX
    Bank-direct
    Real-time
Top use cases
  • JB cross-border commuters
  • F&B supply chain
  • Daily worker payroll
LP economics

You earn the FX spread on every SGD/MYR swap.

Deposit XSGD or USDC (or any major stablecoin, Virtual Liquidity does the conversion) and you start collecting 8 bps fees on routed volume in proportion to your share of the pool. 80% of the swap fee accrues to LPs; 15% to protocol; 5% to safety reserve.

Deploy Liquidity → SGD/MYR
Risk notes, SGD/MYR

Highly correlated with SG-MY work permit policy. Volume seasonality around festive periods.

Indicative APY shown is illustrative only and based on trailing 30-day flow. Yields are not guaranteed and may be lower or zero. Liquidity provision involves risk including loss of principal, smart-contract risk, oracle risk, and adverse FX movement. Not investment advice.