USX (USX) Price

USX (USX) is a synthetic USD-pegged stablecoin issued by Solstice Finance on the Solana blockchain. It is designed to function as a transferable stable-value token within decentralised finance. USX is described as overcollateralised, backed at 100% or more by a portfolio of liquid, collateral-grade assets, with reserves verified in real time using Chainlink Proof of Reserve. The token acts as the core settlement asset across Solstice products and can be locked to receive eUSX, which represents a share of the net asset value associated with Solstice YieldVault strategies.

USX is a synthetic USD-pegged stablecoin issued on the Solana blockchain by Solstice Finance. It is designed to maintain a value close to one US dollar and to operate as a transferable stable-value token within Solana-based decentralised finance.

USX is described by Solstice Finance as overcollateralised, backed at 100% or more by a portfolio of liquid, collateral-grade assets managed by the protocol. The backing is structured around stable collateral, with reserves verified in real time using Chainlink Proof of Reserve. USX is minted and redeemed through protocol-defined mechanisms and is positioned as the core settlement asset within the Solstice ecosystem.

USX is used as a stable digital asset across Solstice Finance products and compatible Solana decentralised finance applications.

Its uses include:

Acting as a USD-denominated token for transfers, trading and on-chain settlement on Solana