Hex Trust USD

Built on the principles of stability and transparency, Hex Trust USD (USDX) is an institutional-grade stablecoin designed to provide a secure and reliable store of value. Operating as a 1:1 backed stablecoin, USDX is fully collateralized by fiat reserves held in segregated accounts managed by licensed custodians. This ensures that the value of USDX remains pegged to the US dollar, providing users with a stable and predictable asset for transactions.

The technical features of USDX are designed to provide a seamless user experience. With its decentralized architecture, USDX enables fast and cost-efficient transactions, while its transparent reserve management system allows users to track the coin's value in real-time. The use of licensed custodians and regular attestation reports ensures that the reserves are properly managed and audited, providing an additional layer of security for users.

USDX is designed to provide a range of benefits to users, including stability, security, and flexibility. As a stablecoin, USDX can be used for transactions, savings, and investments, while its decentralized architecture enables fast and cost-efficient transfers. The coin's transparency and accountability features also make it an attractive option for institutional investors and financial institutions looking for a reliable store of value.

The Hex Trust team has extensive experience in the digital assets space, with over $5 billion in assets under custody and 370+ institutional clients across key jurisdictions. The company's tokenization ecosystem is designed to provide a secure and efficient platform for token issuance and management. With USDX, Hex Trust aims to provide a reliable and transparent stablecoin solution for users worldwide.

As of the current reserves in USD, $44,442,373.09 are held in segregated accounts managed by licensed custodians. The coin's circulating supply is 42,181,623.07 USDX, with a total supply of 1,101,000.02 USDX on Ethereum and 1,159,750.00 USDX on Flare and Songbird networks. Regular attestation reports are provided by Halborn and Hacken, ensuring the transparency and accountability of the reserve management system.