STABLECOINS · USDCx · USAD
Native stablecoins with banking-level
privacy.
USDCx and USAD are shielded up to banking-level privacy, with dollar-backed reserves built for the private economy. Issued through regulated partners, tradable on Shield Swap, and earning native yield on your balance.
$
CompliantUSDCx
USD Coin
IssuerCircle
BackingCash & T-bills
Yield3.2% APY
$
CompliantUSAD
USA Dollar
IssuerPaxos
BackingBank reserves
Yield3.5% APY
FAQ
Frequently asked questions
- What are USDCx and USAD?
- USDCx and USAD are dollar-backed stablecoins on Shield with shielded transfers. USDCx is issued through Circle; USAD through Paxos.
- Is USDCx the same as USDC?
- USDCx is a privacy-enabled wrapped form of USDC. It is fully backed by USDC reserves and redeemable 1:1, with shielded on-chain transfers.
- Are private stablecoins compliant?
- Yes. Both USDCx and USAD enforce address screening and support selective disclosure so regulated holders can meet their disclosure obligations.
- Do USDCx and USAD earn yield?
- Yes. Native yield from underlying reserves (T-bills and bank reserves) accrues on balances, currently around 3.2% on USDCx and 3.5% on USAD.
- Where can I trade them?
- USDCx and USAD trade on Shield Swap against ALEO, BTC, ETH, and SOL with shielded counterparties.