usdx.money develops stablecoin infrastructure and issues USDX as its inaugural synthetic stablecoin. The project positions itself as decentralized and bankless, aiming to bridge DeFi, CeFi, and TradFi. After the recent financing, the team is accelerating ecosystem efforts to increase USDX adoption. Key focuses include bootstrapping USDX liquidity on leading DEXs (Pancakeswap, Uniswap, Balancer, Curve), integrating USDX as collateral in DeFi money-market and perpetual protocols, and offering a non-correlated dollar payout model. usdx.money also plans to enable other stablecoin issuers to use its infrastructure and to provide alternative payment rails for underserved populations. The project is powered by Stables Labs.

Total raised

$45M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2024