USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains.
Issued by Hex Trust issuance arm, HT Digital Asset, USDX brings a credible and reliable mediums of exchange to facilitate transactions across blockchain ecosystems. USDX is the perfect complement to Hex Trust’s vision: securing the permissionless future by building responsible digital asset solutions.
What is the distribution model of USDX?
USDX is distributed through a process known as minting. When Authorised Merchants deposit USD into the designated account, an equivalent amount of USDX is minted and sent to their digital wallet.
What is the ratio between USD and USDX?
For every USDX minted, there is at least 1 USD or an asset of equivalent fair value kept in reserve.
What is the utility of the USDX token?
Beyond being a stable store of value, USDX can be used in a variety of digital economy applications, from payments and settlement to smart contract interactions.
Drawing on detailed analyst evaluations, we have compiled critical insights from expert assessments to provide a balanced outlook for USDX. Analysts observe stable fundamentals but mixed market sentiment, indicating neither significant upside nor downside in the near term. Based on this expert analysis, we hold a balanced perspective on this stock. Our conclusion: USDX is a Neutral candidate.
USDX stock price ended at $0.996739 on 金曜日, after dropping 0.21%
On Mar 13, 2026 00:00, the price of USDX fell by 0.21%, dropping from $0.998634 to $0.996739 with 24h trading volume reaching $113.6K USDX.