Hong Kong, Hong Kong, 2 December 2024, Chainwire
Usdx.cash, a stablecoin infrastructure undertaking, has introduced that it has raised $45 million in its newest funding spherical. On this spherical, the valuation of the undertaking is 275 million {dollars}. Buyers for this spherical embody NGC, BAI Capital, Generative Ventures and UOB Enterprise Administration, with a part of the investments made within the type of warrants. Its already present buyers are The capital metropolis of dragonflies and Era Capital.
usdx.cash goals to construct a next-generation stablecoin infrastructure, with USDX being its first stablecoin product. After finishing a profitable funding spherical, usdx.cash is accelerating its ecosystem efforts for larger adoption of USDX, specializing in:
- USDX liquidity: introducing USDX liquidity in main DEXs, together with Pancakeswap, , Balancer and Curve
- DeFi integration: integration of USDX as collateral in numerous DeFi cash markets and everlasting protocols
- Modern fee mannequin: offering uncorrelated greenback payouts for USDX customers
- Stablecoin infrastructure: permits different stablecoin issuers to make use of the usdx.cash infrastructure
- Fee rail: offering various fee companies for underserved populations
About usdx.cash
usdx.cash is a safe, decentralized and bankless artificial stablecoin issuer devoted to constructing the following era of stablecoin infrastructure. By connecting decentralized finance (DeFi), centralized finance (CeFi) and conventional finance (TradFi), usdx.cash gives environment friendly and steady monetary options that meet the varied wants of its customers.
Concerning the help staff
powered by usdx.cash The laboratories are steady and is dedicated to supporting speedy progress within the stablecoin house by modern applied sciences and confirmed options.
For extra info, customers can go to usdx.cash.
ContactAdvertising and marketing staffusdx.cashmkt@usdx.cash
This text was initially revealed on Chainwire
