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A Next Generation Institutional Grade Synthetic Stablecoin

Backed by an on-chain treasury, targeting 1 USDT. USDX is always self-custodied in users’ own wallets, with no risk of centralized misappropriation, and is managed on-chain by smart contracts, fairly and transparently.

Redemption set by one public formula.

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Ecosystem use cases

USDX is built for a wide range of uses, from payments to contract margin and collateralized lending, each of which gives it real utility.

Payments

Spend USDX online and in stores on goods and services. Mainstream payment channels will add support for USDX over time.
Contract margin

Use USDX as margin on major platforms for derivatives, futures and options trading.
Collateralized lending

Major lending protocols will accept USDX as collateral, extending what it can do in finance.

Trusted by the best

→ Each USDX redeems by one public rule. When the treasury covers supply it pays 1 USDT of value; when it falls short it pays an equal share of treasury assets, so it never owes more than it holds.