USDX
DeFi
About
USDX: The stability you need, the flexibility you want. USDX will provide a vital DeFi primitive on Flare, with backing maintained at a steadfast 1:1 ratio against the U.S. dollar or equivalently valued assets. These reserves, which primarily consist of 1–3 month T-Bills, are securely held by regulated tier-1 financial institutions, ensuring that holders can place their trust in the value and resilience of the stablecoin.