14 Million USDCx Minted on Cardano Ahead of February Deadline
Cardano recorded 14 million USDCx minted on February 27, ahead of the stated February launch deadline for the stablecoin integration, on-chain data from Cexplorer show. Circle USDC integration with Cardano was signed and announced by Charles Hoskinson at the end of January 2026, with the asset on Cardano identified by the ticker USDCx, U.Today reported. USDC on Cardano will be non-native and backed one-to-one by original USDC via Circle Xreserve infrastructure, a setup aimed at non-EVM chains like Cardano and one that emphasizes transaction privacy using Zero Knowledge Proofs; the X suffix reflects that structure. Direct fiat redemption through a Circle bank account is available only to institutional clients, while retail users are expected to convert via centralized exchanges or DEXes.