Hex Trust Group introduces the first native stablecoin, USDX, on Flare blockchain.

Digital asset custodian Hex Trust Group has announced the first native stablecoin, USDX, on Flare blockchain. Developed by HT Digital Assets, USDX provides a vital DeFi primitive on Flare and serves as a building block for the emerging DeFi and bridging ecosystem. The 1:1 U.S. dollar referencing stablecoin launches with a dedicated Clearpool vault, enabling holders to earn real-world yields.

May 21, 2024
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