Tx launches USTX stablecoin to pull RWA liquidity onto its chain
- —USTX is issued by Brale and backed by USDC
- —Minting is available from eight blockchain networks
- —The token targets settlement of tokenized stocks and RWA on Tx
Why it matters: The project aims to concentrate tokenized-asset liquidity on its own chain, competing with Ethereum and Solana for the RWA market.
Source: Cointelegraph