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Tx launches USTX stablecoin to pull RWA liquidity onto its chain

The Brale-issued token can be minted with USDC from eight networks and is designed to settle tokenized stocks and other assets on tx.

Tx launches USTX stablecoin to pull RWA liquidity onto its chain
Cointelegraph
AI summary

Tx has launched USTX, a stablecoin issued by Brale that can be minted using USDC from eight different networks. The token is designed to settle tokenized stocks and other real-world assets on the tx chain, aiming to attract RWA liquidity. For traders, this is a niche infrastructure development with limited near-term price impact, though it signals continued expansion of tokenized real-world asset settlement.

Narrative history
1 linked story · 2 outlets · since 20 Oct
  1. 1H AGO
    Crypto Briefing · Score 25 · via Tx, USTX
  2. 1H AGO
    You’re reading this
    Tx launches USTX stablecoin to pull RWA liquidity onto its chain
    Cointelegraph · Score 25
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