What USDCx (Canton) is designed to do
USDCx (Canton) (USDCX) is a fiat-backed stablecoin, currently ranked 452nd by market capitalization among the assets we track. USDCx (Canton) is a fiat-backed stablecoin: each token is meant to be redeemable for a reference currency held in reserve, so its job is to stay flat, not to appreciate. It is plumbing for the crypto economy rather than a bet on price.
How the peg is meant to hold
Pegs are defended by market makers who profit from closing any gap to par. The strength of that defense comes down to whether the backing assets are liquid and the issuer is solvent.
Background & fundamentals
In sector terms it is most often filed under DeFi and Stablecoin.
Where USDCx (Canton) sits in the market
At $0.9994, USDCx (Canton) carries a market capitalization of $3.48M. Around $86.93M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 2,496.25% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.
USDCx (Canton) carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $0.9994, USDCX sits essentially at its record high — the riskier end of the range for fresh entries.
What the price history shows
Recent moves read 24-hour -0.06%, 7-day -0.07%.
Volatility profile
Recent action puts USDCx (Canton) in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a stablecoin like USDCx (Canton)
The honest checklist for USDCX is short:
- Reserve quality — what backs USDCX — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.