**HONG KONG, Hong Kong, December 2nd, 2024/Chainwire/--**usdx.money, a stablecoin infrastructure project, announced it has raised $45 million in the latest round of financing. The round puts the project's valuation at $275 million. Investors for this round include NGC, BAI Capital, Generative Ventures, and UOB Venture Management, with a portion of the investments made in the form of warrants. Its pre-existing investors are Dragonfly Capital and Jeneration Capital. usdx.money aims to build the next-generation stablecoin infrastructure, with USDX as its first stablecoin product. After concluding a successful funding round, usdx.money is accelerating its ecosystem efforts for increased adoption of USDX, with a focus on: USDX liquidity: bootstrapping USDX liquidity in leading DEXs, including Pancakeswap, Uniswap, Balancer, and Curve
DeFi integration: integrating USDX as collateral in various DeFi money market and perpetual protocols
Innovative payout model: providing non-correlated dollar payouts for USDX users
Stablecoin infrastructure: enabling other stablecoin issuers to leverage usdx.money infrastructure
Payment rails: providing alternative payment service for the underserved population About usdx.money usdx.money is a secure, decentralized, and bankless synthetic stablecoin issuer, dedicated to building the next generation of stablecoin infrastructure. By connecting decentralized finance (DeFi), centralized finance (CeFi), and traditional finance (TradFi), usdx.money provides efficient and stable financial solutions to meet the diverse needs of its users. About The Support Team usdx.money is powered by Stables Labs and is committed to driving rapid growth in the stablecoin space through innovative technologies and proven solutions. For more information, users can visit usdx.money. Contact Marketing team usdx.money mkt@usdx.money This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here **HONG KONG, Hong Kong, December 2nd, 2024/Chainwire/--**usdx.money, a stablecoin infrastructure project, announced it has raised $45 million in the latest round of financing. The round puts the project's valuation at $275 million. Investors for this round include NGC, BAI Capital, Generative Ventures, and UOB Venture Management, with a portion of the investments made in the form of warrants. Its pre-existing investors are Dragonfly Capital and Jeneration Capital. usdx.money aims to build the next-generation stablecoin infrastructure, with USDX as its first stablecoin product. After concluding a successful funding round, usdx.money is accelerating its ecosystem efforts for increased adoption of USDX, with a focus on: USDX liquidity: bootstrapping USDX liquidity in leading DEXs, including Pancakeswap, Uniswap, Balancer, and Curve DeFi integration: integrating USDX as collateral in various DeFi money market and perpetual protocols Innovative payout model: providing non-correlated dollar payouts for USDX users Stablecoin infrastructure: enabling other stablecoin issuers to leverage usdx.money infrastructure Payment rails: providing alternative payment service for the underserved population USDX liquidity: bootstrapping USDX liquidity in leading DEXs, including Pancakeswap, Uniswap, Balancer, and Curve DeFi integration: integrating USDX as collateral in various DeFi money market and perpetual protocols Innovative payout model: providing non-correlated dollar payouts for USDX users Stablecoin infrastructure: enabling other stablecoin issuers to leverage usdx.money infrastructure Payment rails: providing alternative payment service for the underserved population About usdx.money usdx.money is a secure, decentralized, and bankless synthetic stablecoin issuer, dedicated to building the next generation of stablecoin infrastructure. By connecting decentralized finance (DeFi), centralized finance (CeFi), and traditional finance (TradFi), usdx.money provides efficient and stable financial solutions to meet the diverse needs of its users. usdx.money usdx.money About The Support Team usdx.money is powered by Stables Labs and is committed to driving rapid growth in the stablecoin space through innovative technologies and proven solutions. For more information, users can visit usdx.money . usdx.money usdx.money usdx.money usdx.money Contact Marketing team usdx.money mkt@usdx.money This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

This is a PR written by or for the company mentioned within it. The writer has a vested interest in the company and products mentioned within.

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usdx.money Secures $45m New Financing At $275m Valuation

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