After a few days of silence, Stables Labs has announced a “USDX Restoration Arrangement” following the depeg of its synthetic ...

The rising demand for a natively-issued, 1:1 dollar-backed asset in decentralized finance (DeFi) led to the creation of USDX, the first native stablecoin launched on Flare Network by HT Digital Assets ...

USDX stakers will receive a real-world yield and cUSDX in return. The stablecoin is backed at a 1:1 ratio against the dollar or equivalently valued assets. Flare’s native token {{FLR}} rose by 2.4% ...

Hong Kong, Hong Kong, Dec. 3, 2024, Chainwire – usdx.money, a stablecoin infrastructure project, announced it has raised $45 million in the latest round of financing. The round puts the project's ...

USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains. Issued by Hex Trust issuance arm ...