Hex Trust's USDX Becomes First Stablecoin to Use Flare's Confidential Proof of Reserves
Oct 1 · IndustryTrends · analyticsinsight · News
Hex Trust's USDX has become the first stablecoin to use Flare Confidential Compute, allowing its reserves to be verified onchain while keeping restricted reserve balances private.The new Proof of Reserves system is the first institutional application of Flare Confidential Compute, which has launched on Songbird. The…