Tx Launches USTX Dollar Stablecoin for Tokenized Asset Trading
6 Articles
6 Articles
Tx Launches USTX Stablecoin for Tokenized Stock Trading
Real-world asset platform tx has launched USTX, a U.S. dollar-denominated stablecoin designed to support payments, trading, and liquidity across its blockchain network and planned marketplace for tokenized stocks. USTX is fully backed 1:1 by U.S. dollar assets and is issued through Brale, which manages its reserves, minting, and redemption. The launch aims to establish a […]
tx announced USTX, a dollar-denominated stablecoin that is scheduled to be launched in October and that can be created and exchanged through USDC. The company seeks to incorporate it into its portfolio and into a future marketplace of tokenized shares, while Brale will be in charge of the issue and the reserves.
Tx Launches USTX Stablecoin to Move RWA Liquidity On-Chain
Real-world asset (RWA) platform tx has launched USTX, a dollar stablecoin designed for use in its wallet and its planned tokenized-stock marketplace. In a Tuesday announcement shared with Cointelegraph, tx said users will be able to mint USTX using USDC and later redeem it back for USDC. tx also said USTX is not intended to [...]
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