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Hex Trust launches USDX stablecoin on Flare, offering real-world yields through clearpool partnership

Hex Trust Group, a leading digital asset custodian with billions in assets under management, has unveiled USDX, the first native stablecoin for the Flare blockchain, according to the information shared with Finbold on May 21.  USDX, pegged 1:1 to the US dollar, debuts with a Clearpool vault, allowing holders to earn real-world yields. USDX, the critical DeFI asset on Flare USDX is a product of HT Digital Assets, Hex Trust’s tokenization ecosystem, and serves as the key decentralized finance (DeFi) asset on Flare.  Picks for you AI predicts Ethereum price for August 1, 2024 44 mins ago Is it better to invest in gold or Bitcoin? 17 hours ago ...