Tx Launches USTX Stablecoin via Brale to Anchor Tokenized Equities Market

Real-world asset infrastructure platform tx has introduced USTX, a proprietary dollar-pegged stablecoin intended to power its wallet application and an upcoming tokenized equities marketplace ¹. Users mint and redeem the asset using $USDC, with deposits supported across eight distinct networks, including Ethereum, Solana, and Base ¹.

Regulated fintech entity Brale serves as the direct issuer of USTX, managing its underlying reserve pool while handling minting and burning processes ¹. Each circulating USTX is backed 1:1 by cash, traditional bank deposits, government money market funds, and short-term US Treasury bills ¹. Tx Co-Founder and Chief Legal Officer Ashley Ebersole clarified that USTX is not a synthetic representation or wrapped form of USDC, but an independent payment token with dedicated asset backing ¹.

Compliance and Reward Mechanics

The launch aligns with broader institutional moves toward turnkey currency issuance, such as initiatives where platforms expand enterprise stablecoin infrastructure by partnering with specialized providers ¹. Brale previously partnered with Visa in June to build blockchain-based settlement rails geared toward compliant operating environments ¹.

Tx plans to distribute rewards to qualifying users via wallet initiatives ¹. Addressing statutory restrictions established by the GENIUS Act—which bars stablecoin issuers from paying yields or interest simply for retaining or holding payment tokens—Ebersole stated that tx's wallet rewards structure was shaped by legal counsel to ensure strict regulatory compliance ¹. At the time of writing, $BTC traded at $81,532 while broader markets hovered at a $2.69 trillion valuation.