Stables Labs USDX (USDX) is a U.S. dollar stablecoin issued by Stables Labs.

Each token is partly backed by the reference asset or backed by other assets.

Institutions can mint and redeem directly with Stables Labs in USDT, USDC, and USDe after completing KYC.

USDX has been issued on public blockchains since March 2024 and is native to Arbitrum One, BNB Chain, Ethereum, and Base.

Stables Labs USDX

Stablecoins

Stables Labs operates by developing blockchain-based protocols and infrastructure that support stablecoin issuance, management, and integration across decentralized finance ecosystems. The company likely generates revenue through protocol fees, licensing of their stablecoin technology, and providing infrastructure services to other DeFi projects and financial institutions seeking to implement or integrate stablecoin solutions.

The project builds advanced stablecoin infrastructure solutions, offering decentralized financial tools and protocols that enable more efficient, scalable, and robust digital currency systems. Their platform appears to center around USDX and related stablecoin technologies that leverage blockchain networks to provide enhanced stability mechanisms and cross-chain functionality.

Stables Labs is a blockchain infrastructure company focused on developing next-generation stablecoin technology and related financial primitives.

Stables Labs USDX USDX