Movement Network announced the launch of its native stablecoin USDCx on its mainnet. Backed 1:1 by USDC, USDCx is custodied and stored through the Circle xReserve contract and transparently verified on-chain. It does not rely on third-party bridges and has no minting fees. Users can automatically receive USDCx after transferring USDC to Movement, and it can interoperate with USDC on more than 30 public chains through Circle CCTP and Gateway.
Movement launches its native stablecoin USDCx
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