TREE NEWS update: Tx has launched USTX, a stablecoin issued by Brale that can be minted with USDC from eight networks and is designed to settle tokenized stocks and other real-world assets on its chain. The token aims to pull RWA liquidity onto Tx’s network, giving users a way to move value from major stablecoin rails into tokenized-asset settlement.
Tx Launches Brale-Issued USTX Stablecoin for RWA Settlement
The significance here is less the stablecoin itself than the conversion path: letting USDC from eight networks mint into a settlement asset tuned for tokenized stocks signals that RWA venues see stablecoin interoperability as table stakes for pulling liquidity onto their own rails. Brale's role as issuer keeps Tx focused on the chain and settlement layer rather than on managing a token directly. The open question is whether that USDC-to-USTX route actually draws RWA flow onto Tx, or simply adds another wrapper around liquidity that already sits on major rails.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.