What is USDCx (USDCX)?
USDCx is a USD-denominated stablecoin on Aleo designed for confidential, programmable payments using zero-knowledge proofs. USDCx is issued on Aleo via Circle’s xReserve system and is backed 1:1 by USDC held in xReserve. Users can mint USDCx on Aleo by depositing USDC into xReserve and can burn USDCx to withdraw the underlying value through the corresponding redemption flow. On Aleo, USDCx can be used for on-chain settlement and payment workflows - such as transfers, treasury operations, and application payments - where transaction details can be kept non-public by default.
Where can you buy USDCx?
USDCx (USDCX) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for USDCX sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for USDCX. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.