# In Singapore a stablecoin dollar costs 0.1% less than the official rate

Prices from the 02:00 UTC hour, 2 Nov.

The official rate is 1.28 SGD per dollar. On the exchanges where people in Singapore trade stablecoins, one costs 1.28 SGD. A stablecoin is a coin that stays worth one US dollar.

For US$100, people pay 127.70 SGD. The official rate says 127.80 SGD.

Only 1 source

Prices from the 02:00 UTC hour, 2 Nov

<https://margin.wiki/data/countries/SGD.json>

## How the gap moved, day by day

One point per day, the price we published that day. 0% is the official rate.

Today's gap is normal for here since 10 Aug 2026, in our own checks. On most days the gap is between −0.1% and 0.4%.

## Where this price comes from

We take a country's price from exchanges first, then brokers, then people selling to each other on Binance and OKX. Here it comes from an exchange.

IndependentReserve

1.28 SGD −0.1%

## Where to go next

Every country

All 55 countries, sorted by how far a dollar sits above the official rate.

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