📰 Tx launches stablecoin for tokenized stock trading on its blockchain
🗓️ Oct 20 2026 12:43 UTC
➤ Tx has launched USTX, a new dollar-denominated stablecoin, to facilitate payments and enhance liquidity for tokenized stock trading on its blockchain.
➤ The stablecoin is minted and redeemed using USDC and is fully backed 1:1 by U.S. dollar assets managed by Brale, aiming to provide a unified dollar balance for users.
➤ The USTX rewards program is designed to comply with the GENIUS Act, avoiding prohibited interest payments, and aligns with broader industry trends of branded stablecoins for platform economics.
#tx #stablecoin #ustx #tokenizedstocks #blockchain #usdc #brale #nativesettlement #geniusact #payments
🔗 Read more at: https://rwatimes.io/articles/tradersunion-tx-launches-stablecoin-for-tokenized-stock-trading-on-its-blockchain-273962312
RWATimes.io
npub13n…st9j0
2026-10-23 05:39:31 UTC
Author Public Key
npub13nzw3l59yt5pv2jvz74dr87l3c7fmeja7fdtv8ve7cceaz3krzjsxst9j0Seen on
wss://relay.primal.netPublished at
2026-10-23 05:39:31 UTCEvent JSON
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"content": "📰 Tx launches stablecoin for tokenized stock trading on its blockchain\n🗓️ Oct 20 2026 12:43 UTC\n\n➤ Tx has launched USTX, a new dollar-denominated stablecoin, to facilitate payments and enhance liquidity for tokenized stock trading on its blockchain.\n➤ The stablecoin is minted and redeemed using USDC and is fully backed 1:1 by U.S. dollar assets managed by Brale, aiming to provide a unified dollar balance for users.\n➤ The USTX rewards program is designed to comply with the GENIUS Act, avoiding prohibited interest payments, and aligns with broader industry trends of branded stablecoins for platform economics.\n\n#tx #stablecoin #ustx #tokenizedstocks #blockchain #usdc #brale #nativesettlement #geniusact #payments\n\n🔗 Read more at: https://rwatimes.io/articles/tradersunion-tx-launches-stablecoin-for-tokenized-stock-trading-on-its-blockchain-273962312",
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