XUSD--Native Stablecoin of X Network

XUSD is the stablecoin of X Network, a USD-backed stablecoin maintaining a 1:1 peg with the US dollar. XUSD is purpose-built to offer a stable, reliable medium of exchange within the ecosystem, supporting seamless transactions and bridging fiat and crypto value across the AI and web3 spaces.

Sustainable Value Accrue: XUSD is designed not only as a stable digital currency but also as a revenue-generating asset. By powering the Web2 payment services and enterprise solutions, XUSD creates sustainable value beyond the blockchain. Partnerships with traditional financial institutions and Web2 enterprises enable XUSD to capture transactional revenue from cross-border payments, remittances, and enterprise payments, thereby generating organic income.

More details are described in Mint and Burn Process.