Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare

“The collaboration between USDX and Clearpool on Flare delivers a 1:1 backed stable asset with immediate access to real world yield,” Flare’s co-founder Hugo Philion said. “This will be particularly useful for FAsset agents, putting their stable collateral to work even while it’s locked in the system.”

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