Stacks officially launches USDCx, bringing native institutional-grade USD liquidity to Bitcoin L2
ChainCatcher reported that Stacks has officially launched USDCx. This is a stablecoin based on Circle's new xReserve infrastructure and backed by USDC. The launch of USDCx establishes a native, institution-grade liquidity USD channel for the Bitcoin Layer 2 ecosystem, enabling funds to be settled directly on the Bitcoin network.
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