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About Hex Trust USD
USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains.
Issued by Hex Trust issuance arm, HT Digital Asset, USDX brings a credible and reliable mediums of exchange to facilitate transactions across blockchain ecosystems. USDX is the perfect complement to Hex Trust’s vision: securing the permissionless future by building responsible digital asset solutions.
What is the distribution model of USDX?
USDX is distributed through a process known as minting. When Authorised Merchants deposit USD into the designated account, an equivalent amount of USDX is minted and sent to their digital wallet.
What is the ratio between USD and USDX?
For every USDX minted, there is at least 1 USD or an asset of equivalent fair value kept in reserve.
What is the utility of the USDX token?
Beyond being a stable store of value, USDX can be used in a variety of digital economy applications, from payments and settlement to smart contract interactions.
Trading Insights
Market Stats
Market Cap
£15.6M
0.81%
FDV
Not enough data
Circ. Supply
21M USDX
Max Supply
No maximum supply
Total Supply
21M USDX
Diluted Valuation
£15.6M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£23.11
0.86%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.7327
Price Change (1Y)
0.75%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.7326 per USDX with a 24-hour trading volume of £23.11. Currently, Hex Trust USD is valued at 0.00% below its all time high of £0.7327. This all-time high was the highest price paid for Hex Trust USD since its launch.
The current circulating supply of Hex Trust USD is 21,292,794.524 USDX which means that Hex Trust USD has as total market cap of £15,600,443.08.
Market details
USDX vs markets
↗ 45.97%
USDX vs BTC
↗ 38.81%
USDX vs ETH
↗ 77.97%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x7A486F809c952a6f8dEc8cb0Ff68173F2B8ED56c | |
Songbird | 0x4a771cc1a39fdd8aa08b8ea51f7fd412e73b3d2b | |
Ethereum | 0xf8750b54d86BE7aE9e32b4A0C826811198D63313 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.7326 | |
1 Day | £0.7331 | |
1 Week | £0.7294 | |
1 Month | £0.7424 | |
1 Year | £0.7398 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Hex Trust USD calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
