Wu Says has learned that Movement Network announced the launch of native stablecoin USDCx on mainnet, backed 1:1 by USDC, with reserves custodied through Circle xReserve contracts and verified transparently on-chain, without reliance on third-party bridges and zero minting fees. After users transfer USDC to Movement, they automatically receive USDCx, and achieve interoperability with USDC across 30+ public chains through Circle CCTP and Gateway.

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