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Tx readies USTX stablecoin to settle tokenized stock trades

Tx readies USTX stablecoin to settle tokenized stock trades

Photo: Crypto Briefing

The Brale-issued token is minted with USDC and aims to pull scattered dollar liquidity onto the tx chain Tokenization platform tx is building its own dollar. The project is preparing a native stablecoin called USTX, designed to settle trades in tokenized stocks, ETFs and other real-world assets on the tx chain. The token is issued by Brale and minted with USDC . The idea is simple: one dollar balance in one place, instead of USDC scattered across a handful of networks. Tx describes itself as a primary operating system for tokenization.

Source: Crypto Briefing

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