Hex Trust USD (USDX)

market_cap_rank: 1016 | coingecko_rank: null

Current Price

get_current_price()

$1.00 -0.34%

24h_range: $0.99 - $1.00

Price Changes

get_price_changes()

24h

-0.34%

+0.21%

14d

-1.84%

30d

+2.16%

Market Data & Supply

get_market_data()

market_cap

$32078981

fully_diluted_valuation

$32078981

volume_24h

$4525

get_supply_info()

circulating_supply

32158867

total_supply

32158867

max_supply

null

All-Time Records

get_ath_data()

All-Time High

$1.34

change: -25.65%

date: 2025-05-07

get_atl_data()

All-Time Low

$0.54

change: +86.55%

date: 2025-06-07

About Hex Trust USD

get_description()

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.

Additional Information

get_basic_info()

homepage

https://www.htdigitalassets.com/