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.
Based on comprehensive analyst evaluations, we have synthesized critical insights from expert assessments to outline a cautious outlook for USDX. Analysts note deteriorating fundamentals and challenging market sentiment, indicating potential downside risks in the near term. Following this expert analysis, we adopt a bearish stance on this stock. Our conclusion: USDX is a Sell candidate.
USDX price ended at $0.939537 on 日曜日, after rising 0.49%
On Mar 22, 2026 00:00, the price of USDX rose by 0.49%, climbing from $0.945131 to $0.939537 with 24h trading volume reaching $103.8K USDX.