2024-5-23 13:37 |
Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 against the US dollar and available for staking. The post Hex Trust launches first native stablecoin USDX on Flare blockchain appeared first on Crypto Briefing. origin »
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USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities.
2024-12-23 14:06 | |
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Clearpool has confirmed plans to launch a yield vault for Hex Trust’s stablecoin USDX on the Flare (FLR) blockchain. Hex Trust Group is a cryptocurrency custody company based in Hong Kong. USDX becomes the first stablecoin on the Layer1 network and promises a more advanced decentralized finance environment.
2024-5-21 17:05 | |
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Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without lock-ups. USDX aims to enhance Flare’s DeFi ecosystem, supporting lending and borrowing.
2024-5-22 16:21 | |
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Aster introduces Machi Mode to reward users for liquidations, turning trading losses into a gamified leaderboard experience. The post Aster introduces Machi mode, rewarding users for liquidation events appeared first on Crypto Briefing.
Sonnet delays vote on Hyperliquid merger despite 95% support among votes cast, seeking more shareholders to reach approval threshold. The post Sonnet delays vote on Hyperliquid merger to launch $1B HYPE-focused treasury firm appeared first on Crypto Briefing.
The launch of YLDS on Solana could enhance DeFi's appeal by bridging traditional finance with blockchain, potentially attracting institutional investors. The post Figure to launch $YLDS, a public debt security on Solana backing yields with US Treasuries appeared first on Crypto Briefing.
This collaboration could accelerate the integration of traditional finance with blockchain technology, enhancing global financial transaction efficiency. The post Singapore’s largest bank DBS, JPMorgan team up to enable real-time tokenised transfers across chains appeared first on Crypto Briefing.
The proposed mechanism could enhance Lido DAO's financial resilience and market position by strategically leveraging favorable market conditions. The post Lido DAO proposes automated LDO buyback mechanism appeared first on Crypto Briefing.
Integrating ZK proofs with other cryptographic tech could significantly bolster blockchain security, enhancing privacy and coercion resistance. The post Vitalik Buterin suggests combining ZK proofs with other tech for enhanced security appeared first on Crypto Briefing.
Coinbase's new platform could democratize early-stage crypto investments, potentially reshaping access to tokenized assets and securities. The post Coinbase introduces platform for early digital token investments, Monad first to sell appeared first on Crypto Briefing.