Hex Trust USDX (USDX) stablecoin analytics
USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under a TCSP license.
Static Profile
Static stablecoin profile
Hex Trust USDX (USDX) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 3, 2026
Hex Trust's USDX has 80% T-bills and 20% cash at global tier-1 banks under a Hong Kong TCSP license, which makes its D safety grade a case study in how clean reserves mean nothing without functional market infrastructure. Supply sits across three chains (Ethereum, Flare...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Cash and cash equivalents, primarily 1–3 month U.S. Treasury bills held at global tier-1 financial institutions
- Peg Mechanism
- Direct 1:1 redemption through Hex Trust
- Jurisdiction
- Hong Kong / Companies Registry / TCSP License
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is USDX safe?
Pharos does not mark USDX as absolutely safe. Static metadata says Hex Trust USDX uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdx-hex-trust
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
USDX quick answers
What is Hex Trust USDX (USDX)?
USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under a TCSP license. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Hex Trust
What backs USDX?
Pharos classifies USDX backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents, primarily 1–3 month U.S. Treasury bills held at global tier-1 financial institutions Reserve evidence: live reserve feed configured.
Can USDX be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDX, when applicable, appear in the dossier below.