Circle Launches USDCx on Cardano with Cross-Chain Liquidity via xReserve

Circle launched USDCx on Cardano, a USDC-backed stablecoin that accesses cross-chain USDC liquidity through the company's xReserve protocol. The stablecoin is available to enterprise and retail users for payments, lending, trading, borrowing and liquidity provision across the Cardano ecosystem, Circle said.