Review on USDx stablecoin by Emmanuel Ogbodo
USDx stablecoin, token for bill payment and other activities
USDx stablecoin is a decentralized index stablecoin launched by dforce network. It is pegged to a basket of selected stablecoins, with constistuents and weightings adjustable through on chain governance. The bidirectional exchange are wholly on chain and verifiable on etherscan. USDx have been integrated for interest yielding and cryto loan applications. A yield enhancing protocol will be launched to allow USDx stablecoins holders to earn passive yields. USDx stable is ranked #567 in coinmarket cap,this coin was introduced for exchange and other activities such as paying for bills without the use of fiat currency. USDx stablecoin have its own wallet for peer to peer transfer and paying for bills.
Pros
- It is created for easy payment of bills
Cons
- The team that created this coin are unknown
