Tx launches USTX stablecoin to pull RWA liquidity onto its chain
The RWA platform tx has officially launched USTX, a dollar-pegged stablecoin designed to facilitate the settlement of tokenized stocks and other real-world assets within its ecosystem. Issued by fintech firm Brale, USTX is minted and redeemed using USDC across eight different blockchain networks, including Ethereum, Solana, and Base. Unlike synthetic wrappers, USTX maintains a 1:1 reserve structure backed by cash, bank deposits, and short-term U.S. Treasury bills. This launch aims to provide a native dollar balance for users to purchase assets, settle trades, and post collateral directly within the tx wallet and upcoming marketplace. By leveraging Brale’s infrastructure, tx seeks to enhance the programmability and speed of blockchain-based settlements while maintaining regulatory compliance. The platform also intends to offer rewards to eligible users, a program structured to navigate the restrictions imposed by the GENIUS Act regarding interest payments on stablecoins. This development highlights the growing trend of trading platforms integrating dedicated stablecoins to streamline the lifecycle of tokenized securities.