2 weeks ago
USDCx Launches on Cardano Backed 1:1 by USDC Through Circle’s xReserve Infrastructure
TLDR: USDCx is a Cardano-native stablecoin backed 1:1 by USDC held in Circle’s xReserve smart contract. IOG will subsidize USDCx bridge fees for the first 10 days to reduce onboarding costs for new users. Minswap, Liqwid, and SundaeSwap are live integrations at launch, enabling real DeFi utility from day one. Users with USDC on Base [...]
The post USDCx Launches on Cardano Backed 1:1 by USDC Through Circle’s xReserve Infrastructure appeared first on Blockonomi.
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