Movement Mainnet Launches Native Stablecoin USDCx

SmartContractAuditor · 2026-03-25T13:01:29+00:00

Movement Network officially launches native stablecoin USDCx, pegged 1:1 to USDC with near-zero transaction fees and support for third-party-free cross-chain swaps. USDCx interoperates across multiple blockchains, with primary applications in DeFi liquidity, cross-border payments, and fintech infrastructure development.

SmartContractAuditor

2026-03-25 13:01:29

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Odaily Planet Daily reports that Movement Network has officially launched its native stablecoin USDCx on the mainnet. The stablecoin is supported by the CirclexReserve protocol, anchored 1:1 to USDC, with near-zero fees and no reliance on third-party cross-chain bridges. According to the announcement, users can cross-chain USDC to Movement and automatically receive USDCx. All exchanges and transfers are verified by the xReserve contract, with on-chain transparency of reserve assets. USDCx also achieves interoperability with over 30 public chain USDC tokens through Circle CCTP and Gateway, providing cross-ecosystem liquidity.

USDCx is targeted at large-scale user applications, including DeFi liquidity (providing native stablecoins for DEX and lending protocols), cross-border payments and remittances (reducing transfer costs in emerging markets), and new digital banking and fintech infrastructure development.

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