Movement Mainnet Launches Native Stablecoin USDCx

CoinNetwork · 2026-03-25T17:56:51+00:00

Movement Network officially launches native stablecoin USDCx, pegged 1:1 to USDC with near-zero transaction fees and no third-party cross-chain bridges required. Users automatically receive USDCx after cross-chain transfers, with all transactions verified by the xReserve contract on-chain transparently. USDCx supports interoperability with 30+ public blockchains, applicable to DeFi, cross-border payments, and fintech infrastructure scenarios.

CoinNetwork

2026-03-25 17:56:51

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CryptoWorld News: Movement Network announces the official launch of 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 reports, 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 DEXs 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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