Stacks has now integrated Circle xReserve, supporting USDCx

According to Circle's official website, Layer2 and the Bitcoin liquidity layer Stacks are now connected to Circle xReserve. Through this integration, USDCx is now available on Stacks, providing developers and users with a USDC-backed stablecoin and supporting cross-chain USDC liquidity.

It is reported that USDCx is a dollar-pegged stablecoin issued by Stacks, fully backed by USDC held in Circle xReserve. xReserve is a non-custodial smart contract and interoperability infrastructure that provides deposit and minting proofs for USDCx on Stacks, enabling secure and verifiable asset issuance and cross-chain transfers.