Cardano signs Jan. 30 deal to integrate USDCx, tapping Circle's $70B liquidity
On Jan. 30, Cardano founder Charles Hoskinson said he signed an agreement to integrate USDCx, a Circle-linked stablecoin, into the network. The initiative aims to channel sustained on-chain dollar liquidity for DeFi, though rollout timing and scope remain unconfirmed. USDCx is issued on a partner chain and backed one-to-one via Circle's xReserve, which is designed to reduce reliance on traditional bridges.