ChainCatcher Message, Stacks announces the official launch of USDCx. This is a stablecoin based on Circle’s new xReserve infrastructure, supported by USDC. The launch of USDCx establishes a native dollar channel with institutional-level liquidity for the Bitcoin Layer 2 ecosystem, enabling funds to settle directly on the Bitcoin network.
On the technical backend, USDCx is issued through Circle xReserve’s non-custodial smart contracts, providing cryptographic proof to ensure token transparency. Additionally, the asset utilizes Circle’s cross-chain transfer protocol (CCTP) to achieve “burn and mint” cross-chain transfers across more than 15 supported blockchains, thereby avoiding third-party bridge security risks and addressing liquidity fragmentation issues.
Currently, several leading protocols within the Stacks ecosystem have begun integrating USDCx. Zest Protocol has incorporated it into its institutional-grade Bitcoin lending pool, Granite supports users borrowing USDCx with BTC as collateral, and Bitflow has launched related deep liquidity pools and trading pairs. Furthermore, mainstream Stacks wallets such as Xverse and Leather have achieved first-day support. To optimize liquidity, the official encourages users who originally held aeUSDC (the old bridged USDC) to migrate to USDCx via the Stacks official bridge.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Charles Schwab Wealth Management Warning: Allocating 1%-3% of an investment portfolio to BTC/ETH can significantly alter the risk profile.
Gate News message: On April 7, the U.S. financial giant Charles Schwab released a research bulletin warning that even if only 1%-3% of funds are allocated to Bitcoin or Ethereum within an investment portfolio, it may significantly change the portfolio’s overall risk characteristics. The research report notes that Bitcoin and Ethereum have both historically experienced drawdowns of more than 70%, far higher than the volatility levels of stocks or bonds; therefore, even small allocations can have a noticeable impact during periods of market volatility. Charles Schwab proposed two cryptocurrency allocation approaches: one is the traditional portfolio theory method, which allocates based on expected returns, volatility, and correlation; the other is a risk-based method, which determines the share of crypto assets according to the level of risk one is willing to take, shifting the focus from returns to risk tolerance.
GateNews2m ago
Morgan Stanley’s Bitcoin ETF will be listed on the New York Stock Exchange tomorrow, trading under the ticker symbol MBST
Gate News message, April 7, Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform stating that, according to a listing notice from the New York Stock Exchange (NYSE), the Morgan Stanley Bitcoin exchange-traded fund will be listed tomorrow (April 8), with the trading ticker "MBST".
GateNews57m ago
BTC 跌破 68000 USDT，日内跌幅 1.27%
Gate News message, April 7, according to market data, Bitcoin has fallen below 68,000 USDT and is currently trading at 67,971.75 USDT, with a decline of 1.27% during the day.
GateNews57m ago
BTC 15-minute drop of 0.51%: short-term capital outflow and macro volatility converging to trigger a pullback
Between 2026-04-07 14:00 and 2026-04-07 14:15 (UTC), the BTC price fluctuated within the range of 67801.3 - 68256.1 USDT. The candlestick chart recorded a -0.51% return, with an amplitude of 0.67%. Short-term volatility intensified, and market attention increased significantly. Overall liquidity was still within the normal range, but showed marginal changes.
The main drivers of this unusual move are the combined effect of short-term capital outflows and the simultaneous rise in net inflows to exchanges. Short-term holders take profit or cut losses at market volatility nodes, pushing prices lower. Spot
GateNews1h ago
BTC 跌破 68000 USDT
Gate News bot 消息，Gate 行情显示，BTC 跌破 68000 USDT，现价 67983.9 USDT。
CryptoRadar1h ago
