Movement launches native stablecoin USDCx
By: rootdata|2026/03/25 22:42:00
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According to official news, Movement Network announced the official launch of its native stablecoin USDCx on the mainnet. This stablecoin is supported by the Circlex Reserve protocol, pegged 1:1 to USDC, with near-zero fees and no reliance on third-party cross-chain bridges.
It is introduced that users can automatically obtain USDCx when they cross-chain USDC to Movement. All exchanges and transfers are verified by the xReserve contract, and the reserve assets are transparently traceable on-chain. USDCx also achieves interoperability with USDC on more than 30 public chains through Circle CCTP and Gateway, providing cross-ecosystem liquidity.
USDCx is positioned for large-scale user application scenarios, including DeFi liquidity (providing native stablecoins for DEX and lending protocols), cross-border payments and remittances (reducing transfer costs in emerging markets), as well as the construction of new digital banking and fintech infrastructure.
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