Company Tx Launches New USTX Stablecoin
The firm introduced a dollar-backed stablecoin to consolidate liquidity for its real-world asset marketplace.
Updated on Oct. 20, 2026 in Business Strategy
Live Poll
Do you trust stablecoins as a secure way to hold and trade your real-world assets?
The company tx has launched a new stablecoin called USTX, which is backed by U.S. dollar-denominated assets. This initiative utilizes Brale’s digital asset infrastructure to support the new currency.
Why it matters
The stablecoin is designed to create a single branded unit of account for marketplace activity. By centralizing these assets, the platform aims to consolidate liquidity across its real-world asset marketplace.
USTX maintains a 1:1 backing ratio against reserve assets, including cash, bank deposits, and U.S. Treasury bills. The asset enters a sector with a total combined stablecoin market capitalization exceeding $300 billion.
The players
tx
This company operates a marketplace focused on real-world assets and maintains headquarters in the United States.
Brale
This organization provides the regulated digital asset infrastructure used to manage reserve assets for the new stablecoin program.
The details
Users can mint USTX by depositing USDC from Ethereum, Base, Polygon, and Solana networks, with options to redeem the tokens back into USDC. Brale oversees the reserve assets, ensuring the coin remains fully backed by dollar-denominated financial instruments.
Timeline
The partnership between tx and Brale began in 2024.
The USTX stablecoin officially launched on October 20, 2026.
Market Landscape
The introduction of USTX mirrors a broader industry trend where marketplaces issue proprietary stablecoins to capture liquidity within the $300 billion digital asset ecosystem. This strategic move positions tx to retain user activity within its own ecosystem rather than relying solely on third-party tokens.
Users currently holding USDC on Ethereum, Base, Polygon, or Solana can now mint USTX for use within the tx marketplace. The platform plans to expand this capability to the Arbitrum, Optimism, Avalanche, and Celo networks in the future.
The takeaway
This launch highlights the ongoing shift toward branded stablecoins as a tool for managing liquidity in specialized marketplaces. Investors should note that the stability of such tokens depends entirely on the transparency and management of the underlying dollar-denominated reserves.
Further reading
For more context on corporate trends in the digital asset space, visit the Business Strategy section.
More information
For official details on the platform, review the tx platform information and FAQ.
Source note: This article includes information reported by The Manila times.
Live Poll
Do you trust stablecoins as a secure way to hold and trade your real-world assets?
