Tx readies USTX stablecoin to settle tokenized stock trades

Tokenization platform tx is building its own dollar. The project is preparing a native stablecoin called USTX, designed to settle trades in tokenized stocks, ETFs and other real-world assets on the tx chain. The token is issued by Brale and minted with USDC. The idea is simple: one dollar balance in one place, instead of USDC scattered across a handful of networks. How USTX works Tx describes itself as a primary operating system for tokenization. It announced USTX on September 23, 2026, and the stablecoin is set to launch in October 2026. Minting works a bit like a currency exchange booth with a fixed rate. You hand over USDC, you get USTX back, and you can redeem USTX for USDC whenever you want out. At launch, minting is supported from four networks: Ethereum, Base, Polygon and Solana. Tx plans to expand that list to eight networks in total. USTX is designed to be fully backed 1:1. Brale holds the reserves in bank deposits, government money market funds and short-term US Treasury bills. Those reserves are covered by monthly attestations from a CPA. An attestation is an accountant checking that the money is actually where the issuer says it is, at a given moment. Brale is a regulat...