usdx.money USDX

Stables

Copy link
Share on X

Claim company
Report company

Description

USDX is a synthetic USD stablecoin created to enhance the crypto ecosystem, providing a stable and censorship-resistant alternative to conventional banking. Operating on the BNB Smart Chain (BEP20), USDX was launched in 2024, offering global accessibility and interoperability among DeFi, CeFi, and TradFi sectors. Its robust mechanisms ensure USD pegging stability, as reflected in its stable pricing, with minor fluctuations around the USD value. With a total supply of 180,925,105 and currently no circulating coins, the platform also features Staked USDX (SUSDX) for enhanced yield opportunities. USDX facilitates users to save and earn interest, leveraging funding rates, while remaining decentralized. Active markets have shown trading volumes between $6,747.82 and $22,565.40 for USDX, and $8,381.54 to $9,511.38 for SUSDX. For more details, visit [usdx.money](https://usdx.money) or their [Twitter](https://x.com/usdx_money) page.

Socials

Similar companies

xDollar Stablecoin

xDollar Stablecoin (XUSD) offers a stable, efficient cryptocurrency on the Polygon platform with a total supply of 3,557,824 tokens, actively traded across 27 markets.

USDX

Instant payments without banks, borders, or fees.

XUSD

Fairly launched partial-collateralized stablecoin.

Zedxion

Zedxion (USDZ) is a stablecoin launched on the Ethereum blockchain in 2022, designed for decentralized transactions and DeFi participation, with a supply of 87 billion tokens.

USDD

USDD (Decentralized USD) is a decentralized stablecoin built on Ethereum, ensuring transparent and secure USD-equivalent transactions.

Verified USD

Verified USD (USDV) is a stablecoin on the Ethereum blockchain, ensuring secure and transparent transactions with minimal volatility, actively trading across 139 markets.

DFX

DFX Finance is a DeFi platform on Ethereum for forex, enabling low-slippage trading of fiat-backed stablecoins through an optimized AMM, with community governance.

USD Bancor

USD Bancor (USDB) is a stable cryptocurrency on Ethereum, designed to provide a reliable digital currency for transactions with a unique reserve mechanism.

HUSD

HUSD is a stablecoin pegged 1:1 to USD, designed for stability and security on Ethereum's blockchain, aimed at both individual and institutional use in trading, payments, and hedging, ensuring transparency through regular audits.

EOSDT

EOSDT is a decentralized stablecoin on EOS blockchain, offering stability via over-collateralized assets, aimed at DeFi applications with a governance model for key decision-making.

syUSD

syUSD by Synnax is the first SEI-backed synthetic dollar, enabling users to tokenize assets to mint and borrow $syUSD.

Cod3x USD

Cod3x USD is a DeFi platform enhancing security and adaptability in stablecoin cdxUSD, with novel risk management on EVM chains.

FAQ

What is usdx.money USDX and how does it function in the crypto ecosystem?

usdx.money USDX is a synthetic USD stablecoin operating on the BNB Smart Chain (BEP20). It was launched in 2024 to provide a stable, censorship-resistant, and scalable alternative to traditional financial systems. The platform connects DeFi, CeFi, and TradFi, offering dollar-denominated savings and yield. USDX is designed to maintain stability through its robust mechanisms and is accessible globally, making it a reliable USD peg for crypto users seeking freedom from traditional banking dependencies.

How can users benefit from using USDX over traditional banking systems?

USDX offers users a censorship-resistant and globally accessible USD stablecoin, eliminating reliance on traditional banking infrastructures. Users can save and earn yields in USD, leveraging funding rates within the broader crypto ecosystem. The stability of USDX as a pegged currency ensures a consistent value, making it an ideal choice for those seeking a secure, scalable, and decentralized financial solution.

How does USDX ensure its stablecoin remains pegged to the USD?

USDX maintains its peg to the USD through a series of robust mechanisms designed to stabilize its value. Despite minor fluctuations, the coin remains closely aligned with the USD, as evidenced by its stable trading prices. The stability is further supported by the synthetic nature of USDX, which allows for scalability and resilience against market volatility and censorship, making it a dependable stablecoin in the crypto ecosystem.

What differentiates USDX from other stablecoins in the crypto market?

USDX differentiates itself by being a synthetic USD stablecoin designed for both DeFi and CeFi integration, operating on the BNB Smart Chain. Unlike some stablecoins that rely heavily on centralized banking systems, USDX offers a censorship-resistant, scalable solution with global accessibility, avoiding traditional financial dependencies. Its connectivity across decentralized and centralized finance platforms enhances its utility within the broader crypto market.

What additional services does usdx.money provide besides USDX?

Besides the USDX stablecoin, usdx.money offers Staked USDX (SUSDX), leveraging similar blockchain infrastructure. SUSDX allows users to stake their holdings for potential returns, offering a different yield opportunity. The platform also includes a multi-layered savings tool with funding rates and crypto ecosystem yields, enhancing financial strategies for crypto users. These services aim to expand earning potentials within the usdx.money ecosystem.

How can users resolve common issues when trading USDX on active markets?

To resolve common issues when trading USDX, users should ensure they are using compatible wallets and exchanges within the BNB Smart Chain ecosystem. They should verify network settings and transaction details before proceeding. For specific concerns, users can visit usdx.money's official website or their Twitter page for updates and support. Engaging with the community and support channels can also provide guidance and troubleshooting assistance.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags