Cardano Sets February Target for USDCx Stablecoin Launch to Boost Liquidity

The Cardano blockchain ecosystem will integrate USDCx, a variant of Circle’s USDC stablecoin, by the end of February.

On February 15, Philip DiSaro, CEO of the smart contract development firm Anastasia Labs, confirmed that “USDCx” will go live on the network before the end of the month.

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Cardano Targets Stablecoin Deficit With Upcoming USDCx Debut

USDCx is a dollar-denominated stablecoin backed 1:1 by USDC held through Circle’s xReserve infrastructure. Circle is the issuer…