USDCx Price, Liquidity & Market Data
About USDCx
USDCx is a Cardano-native stablecoin fully backed 1:1 by USDC held within Circle's xReserve infrastructure. It brings native USDC-backed dollar liquidity to Cardano while enabling secure cross-chain movement through Circle's Cross-Chain Transfer Protocol (CCTP), allowing users to access stable digital dollars without relying on traditional wrapped-asset bridges.
USDCx is currently priced at $1.004. Against USD, USDCx is up 0.5% over 24 hours and up 1.6% over 30 days. Against ADA, USDCx is down 0.1% over 24 hours and up 4.2% over 30 days. It has 1,601 holders, about $929K in DEX liquidity and a market cap of about $40.1M.
More about USDCx
How it works
USDCx is minted when users deposit USDC into Circle's xReserve smart contracts and is redeemed by burning USDCx to release the underlying USDC. Cross-chain transfers are secured through Circle's Cross-Chain Transfer Protocol (CCTP) and Gateway, allowing USDC-backed liquidity to move between supported blockchain ecosystems while maintaining 1:1 reserve backing.
What it solves
USDCx provides Cardano with trusted U.S. dollar liquidity while simplifying cross-chain movement of USDC-backed assets. It enables developers and DeFi applications to access stable settlement, payments, lending, borrowing, and liquidity without depending on centralized custodial bridges.
Who it is for
Cardano users, DeFi protocols, traders, liquidity providers, developers building financial applications, and payment/settlement use cases.
Key features
- Fully backed 1:1 by USDC held in Circle xReserve
- Native Cardano stablecoin
- Cross-chain interoperability through Circle CCTP
- Mint and redeem directly against USDC reserves
- Supports payments, trading, lending, borrowing, and liquidity
- Built without traditional wrapped-token bridge architecture
- Category
- Stablecoin
- Supply
- Circulating supply is about 39.9M USDCx out of a total supply of 44.3M
- Policy ID
- 1f3aec8bfe7ea4fe14c5f121e2a92e301afe414147860d557cac7e34
- Asset unit
- 1f3aec8bfe7ea4fe14c5f121e2a92e301afe414147860d557cac7e345553444378