Cardano Launches USDCx Stablecoin Backed by Circle’s USDC, ADA 3% Down

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Cardano has launched its native USDCx stablecoin, backed 1:1 by Circle’s USDC stablecoin via Circle’s xReserve smart contract. According to the Input Output Group (IOG), the research and engineering organization behind Cardano, USDCx will “make moving and using dollar value across supported blockchains seamless, providing streamlined access to cross-chain USDC liquidity.

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Telemac
Telemachttp://cryptoinfo.ch
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