Hex Trust USDX (USDX) stablecoin analytics
Answer First
What is Hex Trust USDX (USDX)?
USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under Hong Kong issuer disclosures. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Hex Trust
Is USDX safe?
Pharos does not assess USDX as safe: it holds an F Safety Score grade (15/100) in the latest published rating, which flags significant structural risk. Static metadata says Hex Trust USDX uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Hex Trust USDX (USDX) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
Hex Trust's USDX advertises T-bill and cash reserves at global tier-1 banks under Hong Kong issuer disclosures, which makes its N/A safety grade a case study in how clean-sounding reserves mean nothing without functional market infrastructure. Supply sits across Ethereum, Flare, and Songbird, but Pharos finds no viable exit path: the exit pillar sits at the floor of the scale, and a single thin DEX pool is no liquidity profile. The peg record shows a long tail of depeg episodes, with the worst excursions taking...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Cash and cash equivalents, primarily 1 to 3 month U.S. Treasury bills held at global tier-1 financial institutions
- Peg Mechanism
- Direct 1:1 redemption through Hex Trust
- Jurisdiction
- Hong Kong
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdx-hex-trust
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
USDX quick answers
What is Hex Trust USDX (USDX)?
USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under Hong Kong issuer disclosures. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Hex Trust
Is USDX safe?
Pharos does not assess USDX as safe: it holds an F Safety Score grade (15/100) in the latest published rating, which flags significant structural risk. Static metadata says Hex Trust USDX uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs USDX?
Pharos classifies USDX backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents, primarily 1 to 3 month U.S. Treasury bills held at global tier-1 financial institutions Reserve evidence: live reserve feed configured.
Can USDX be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDX, when applicable, appear in the dossier below.
