USDX
USDX Rank #5970Price chart
What is USDX?
Overview
USDX is a stablecoin issued by PT Macan Asia Finance that provides digital access to U.S. dollar value on the Polygon blockchain. It serves institutional users, digital asset platforms, and participants in cross-border payments and treasury management. The token is structured to align with Indonesia's financial regulations.
How it works
USDX operates on the Polygon network as a standard token contract. The token is designed for settlement between digital asset holders and for international fund transfers. It enables treasury management and institutional-grade USD-denominated transactions on a public blockchain.
Peg and backing
The 1:1 USD peg is maintained through full reserve backing: each USDX is backed by equivalent U.S. dollar cash reserves held at Bank BNI. This reserve structure ensures the token's value stability and redeemability.
Where to trade USDX
Exchanges that list this asset
Live spot quotes from connected exchanges
USDX funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.