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07:02

Stables Labs has launched on the Base network, supported by Axelar's cross-chain technology.

The developer of the stablecoin issuance protocol usdx.money, Stables Labs, has launched on the Base network, collaborating with Axelar and Squid to provide cross-chain access for USDX and sUSDX. Future plans include cross-chain integration, liquidity building, and community activities.

WAXL-1.08%

10:00

The stablecoin USDX under Stables Labs is now available for collateral borrowing of USD1 in Lista DAO.

BlockBeats news, on July 3rd, according to official news, the USD1 vault created by Re7 Labs has now logged in to Lista DAO, bringing a new application scenario for the stablecoin USDX under Stables Labs. Users can now collateralize USDX to borrow the stablecoin USD1 issued by WLFI, unlocking USDX liquidity and expanding yield strategy portfolios. The borrowing interest rate is as low as 0.05%, helping to maximize circular leverage yield.

LISTA-3.3%

USD10.03%

03:37

usdx.money collaborates with Spectra to launch multiple USDX yield farming events

BlockBeats news, on February 19, according to official sources, usdx.money announced a partnership with Spectra to launch multiple USDX yield activities, including: Easy PT Strategy: Lock in 13.67% APR (APY), suitable for investors who prefer stable returns; Dynamic YT Strategy: Seize the opportunity for maximum returns through the strategy of buying low and selling high; Balanced LP Strategy: Can stack more USDX returns + fees and additional income.

06:13

usdx.money TVL exceeds $400 million

BlockBeats news, on December 25th, according to official sources, the TVL of the Stable Coin issuance protocol usdx.money has exceeded USD 400 million, currently reported at USD 413.41 million. As a new generation stablecoin infrastructure, it provides support for the future of finance. This milestone indicates that USDX, as a Decentralized Finance, CeFi, and TradFi

DEFI10.69%

06:49

Mantle initiates a budget discussion proposal for the second budget cycle, with a total limit of 200 million MNT.

Mantle has released a proposal for the budget cycle from July 2024 to June 2025, authorizing a limit of 52 million USDx and a total limit of 200 million MNT, with MNT distribution accounting for approximately 1.5% of the circulating supply. In the second budget cycle, the temporary budget for Mantle's core contributors is 15 million USDx and 50 million MNT.

MNT-3.81%

X-2.23%

09:05

Hex Trust, a Hong Kong-based crypto custodian, announced the issuance of the first native stablecoin USDX on Layer-1 blockchain Flare. USDX also becomes the first native stablecoin on the Flare blockchain. This stablecoin is backed by the US dollar or equivalent assets at a 1:1 ratio and can be used in lending protocols and exchanges. It also features a dedicated staking mechanism called T-Pool, which is created by decentralized credit market Clearpool.

CPOOL-7.76%

Stables Labs has launched on the Base network, supported by Axelar's cross-chain technology.

The stablecoin USDX under Stables Labs is now available for collateral borrowing of USD1 in Lista DAO.

usdx.money collaborates with Spectra to launch multiple USDX yield farming events

usdx.money TVL exceeds $400 million

Mantle initiates a budget discussion proposal for the second budget cycle, with a total limit of 200 million MNT.

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