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Circle Launches USDCx on Cardano with xReserve Support

cryptonews100_tggfrn by cryptonews100_tggfrn
March 1, 2026
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Circle has introduced USDCx on the Cardano blockchain, backed by USDC held in Circle’s xReserve. The xReserve system secures funds in non-custodial smart contracts, providing deposit and minting proofs for USDCx on Cardano. This setup ensures secure and verifiable asset issuance and facilitates cross-chain transfers.

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