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Easily convert SPYX to XUSD with ConvertOnline's efficient tool.
The SP500 tokenized ETF (xStock) (SPYX) is a digital asset that represents a tokenized version of an exchange-traded fund (ETF) tracking the S&P 500 index. By providing exposure to the performance of the 500 largest publicly traded companies in the United States, this token aims to democratize access to traditional stock market investments through blockchain technology.
StraitsX USD (XUSD) is a stablecoin designed to provide a reliable digital currency option pegged to the US dollar. It aims to facilitate seamless transactions and enhance the efficiency of cross-border payments while maintaining stability in value.