What is USX?

USX is a stablecoin issued on the Solana blockchain. It is described as a digital dollar created through over-collateralization with other stablecoins, with each USX in circulation claimed to be backed 1:1 by assets such as USDT or USDC. The project states that USX is intended to be secure, efficient, and transparent.

The description says USX is designed to integrate with the broader DeFi ecosystem and function as a liquidity layer for trading, lending, and payments. It is presented as a dollar-pegged asset intended to support settlement and financial transactions on Solana while maintaining reliability for those uses. No founding details, governance model, or supply cap are provided in the source text.