USX

USX (USX) is a Solana-based stablecoin built to serve as a secure and transparent digital dollar for both institutions and everyday users. Rather than simply parking cash in reserves, USX is minted through over-collateralization with leading stablecoins, so every USX in circulation is backed 1:1 by assets such as USDT or USDC. It is issued by Solstice Finance.

What is USX?

USX is a dollar-pegged token designed to move at Solana's speed and scale while staying reliable for settlement. Its distinguishing feature is composability: instead of behaving like a static reserve-backed coin, USX is meant to slot directly into DeFi as a core liquidity layer for trading, lending and payments. The aim is a trusted dollar that protocols, payment processors and institutions can build on.

How does USX work?

USX does not run its own consensus; it is a token on Solana and inherits that chain's fast, low-fee proof-of-stake settlement. Its stability comes from over-collateralization with established stablecoins. Because more collateral value backs each token than its face value, the design targets a durable 1:1 peg while allowing USX to circulate freely across Solana applications as a foundational building block.

USX tokenomics and supply

USX has no fixed maximum supply; the amount in circulation tracks demand as tokens are minted against collateral and burned on redemption. Circulating supply currently sits near 512,696,885 USX, equal to total supply.

• Circulating supply: about 512.7 million USX
• Backing: over-collateralized with USDT and USDC
• All-time high $1.038; all-time low $0.828
• Home network: Solana

What is USX used for?

Categorized as a USD stablecoin in the Solana ecosystem, USX targets trading pairs, lending markets, payments and settlement. Its composability makes it useful as base liquidity for DeFi protocols and as a stable unit of account for processors and institutions that want dollar exposure without leaving the chain. Holders typically use it to sit in stable value or to move between opportunities quickly.

Where to buy USX

USX is most accessible within Solana DeFi and select exchanges; our best crypto exchanges ranking indicates where USX liquidity is available, and Solstice Finance's app is the primary mint and redeem venue. To custody USX yourself, our best crypto wallets guide lists Solana-compatible wallets that hold SPL tokens like USX.

Is USX a good investment?

A stablecoin aims to hold value, not grow it, so the case for USX is utility rather than appreciation. Its history shows a notable dip toward $0.83, a reminder that even collateralized stablecoins can lose their peg under stress. Risks include collateral quality, smart-contract exposure on Solana, redemption reliability and reliance on the underlying stablecoins themselves. Understand these mechanics before holding size. None of this is financial advice.