what's USDCx?
USDCx is a stablecoin issued by Circle through its xReserve infrastructure, maintaining a 1:1 backing with USDC reserves held in custody. It enables native USD liquidity on various blockchains without bridges or wrapping, supporting compliant, institutional-grade transactions. Designed for privacy-preserving payments and cross-chain access, USDCx has launched on networks like Aleo for banking-level privacy, Stacks for Bitcoin L2 DeFi and commerce, and Canton Network for enterprise workflows. Institutions can bridge USDC directly into these ecosystems, leveraging Circle's regulated reserves for seamless dollar movements on specialized chains.
USDCx launched on Movement network via Circle xReserve as a 1:1 USDC-backed stablecoin.
Launched on Movement blockchain's M1 mainnet as a 1:1 USDC-backed stablecoin via Circle xReserve, with trust-minimized cross-chain functionality, on March 25, 2026.
Reached $47M supply on Cardano, representing a 40% increase and accounting for 36.3% of Cardano's stablecoin market cap within three weeks.
Integration with Allbridge Core enables cross-chain bridging of USDCx from Stacks to Ethereum, Solana, Base, TRON, BNB, Sui, and Polygon.
Launched on Cardano as a native stablecoin backed by USDC via Circle's non-custodial xReserve on Ethereum on March 1, 2026. Features cryptographic attestation for 1:1 minting and redemption without a bridge or wrapped token.
Integrated with Liqwid Finance for lending, Minswap for DEX trading, and SundaeSwap for swaps, supporting payments, borrowing, and liquidity provision on Cardano.
IOG extended $0 deposit fee for bridging USDC to Cardano for an additional 90 days.
Integrated on NEAR Intents via ShieldApp, enabling swaps with 125+ assets across 25+ chains.
Incentive program offers 8 STX for depositing at least $1 of USDCx into Zest Protocol, limited to first 400 participants on 2026-02-25.
Integrated with Spark Savings USDC as a treasury management solution to generate approximately 4% APY on DAO treasury USDCx balances through the Sky Savings Rate on Ethereum mainnet and Base.
Integrates as a ZK-powered, compliant privacy stablecoin on Cardano by 2026-02-28, integrating LayerZero via Coinbase or Binance.
Partnered with DoraHacks and Stacks on builder challenges with $10,000 STX prizes from January 19, 2026, and a Zealy bounty with $10,000 STX prizes from February 24, 2026. Distributed $3,500 rewards via TalentProtocol in March 2026, and FlowVault won $3,000 in a 64-team hackathon for programmable liquidity.
Introduced SUP token rewards for holding USDCx in wallets, starting on December 22, 2025.
Enabled swapping to USDCx through the Claim App powered by LI.FI protocol integration, starting on December 22, 2025.
BlackRock signed a multi-year exclusive cooperation memorandum with Circle, according to discussion analyzing the strategic positioning of USDC and USDCx in the US dollar system. (ID: 1998914035123999179)
Partnered with Circle and Aleo to launch on Aleo Testnet for bank-level privacy in institutional settlements. Supported on Aleo Card for real-world payments with Paxos, leveraging Zebec's global infrastructure.
XDEX Terminal launches with DLMM (Dynamic Liquidity Market Maker) functionality for $XNT token liquidity on X1, bridging USDC from Solana via Wormhole fork atomic bridge.
Launched on Canton with Digital Asset and Loop Wallet as partners, deployed through Fireblocks integration.
Integrated with BitGo's Canton Network infrastructure for CIP-56 custody and Haven Digital Partners' institutional lending marketplace, enabling institutional lending as a Canton-native asset. CertiK audited bridge, Daml smart contracts, and offchain infrastructure.
Integrated with Canton Network via Circle xReserve as a Super Validator, used by Citadel, DRW, and Virtu for Treasury financing. Provides institutional privacy, 24/7 atomic settlement, and 1:1 USDC backing with cross-chain interoperability.
Launched on Stacks via Circle xReserve.