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.
Hex Trust USD turned over $1 across the venues Coinmico indexes in the last 24 hours, which is 0.00% of its market capitalisation — a figure worth watching, because turnover well above its usual level tends to accompany the sharper moves.
The highest price our index has recorded is $1.34 on May 7, 2025, leaving USDX −25.49% from that peak.
The lowest is $0.5350 on Jun 6, 2025, putting the price today +86.61% above that low.
Hex Trust USD is valued at $22,881,935, which ranks it #862 among the assets we track. It is the price of one coin multiplied by the 22,918,744 USDX in circulation.
At today's price, the full supply of 22,918,744 USDX would be worth $22,882,395. 100.00% of that supply is already circulating, so the rest is what dilution would still add.
The price of Hex Trust USD (USDX) is $0.9984 today with a 24-hour trading volume of $1. This represents a 0.77% price increase in the last 24 hours and a 0.01% price decrease in the past 7 days. With a circulating supply of 22.9 Million USDX, Hex Trust USD is valued at a market cap of $22,881,935.
Technical analysis
1h
0.9%
24h
0.8%
7d
0.0%
14d
—
30d
0.3%
1y
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