Crypto
TX RWA platform launches dollar-pegged stablecoin USTX for tokenised stocks
Real-world asset platform TX has launched USTX, a dollar-pegged stablecoin aimed at tokenised stock trading. USTX is designed for use as a payment method in the TX wallet and an upcoming tokenised stock marketplace. Users can mint USTX with USDC and redeem USTX back into USDC, with deposits accepted across eight blockchains. Fintech platform Brale handles issuance and reserve management, with reserves backed 1:1 by dollar-denominated assets.
