14 Million USDCx on Cardano Minted in One Hour as Mainnet Debut Approaches

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Well, well, well, look who’s finally getting their stablecoin debut. It looks like Cardano‘s loyal supporters might just get the first real, big-time stablecoin on their beloved blockchain. On Friday, February 27, 2026, Cexplorer reported a minting marathon, with a whopping 14 million USDCx already rolling in. The cherry on top? The deadline for full integration is February 28th. So, in the next 36 hours, we could either be dancing with joy or clutching our laptops in despair for that official confirmation.

Let’s get to the juicy stuff. We’re talking about the integration of USDC by Circle with Cardano, an agreement that was revealed by the charismatic Charles Hoskinson back in January 2026. This bad boy is known as USDCx-because why settle for plain old USDC when you can have the “x” factor, right?

Why USDCx on Cardano is not Your Average Stablecoin

Hold up, folks-this isn’t just your run-of-the-mill USDC. No, no, USDCx on Cardano is anything but basic. Unlike its cousins on blockchains like Solana or Ethereum, USDCx on Cardano won’t be native. The “X” is there for a reason-this token gets its magic from Circle’s Xreserve infrastructure, ensuring a one-to-one backing with the original USDC. So basically, it’s a stablecoin… but with a twist!

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This X-ified solution is specifically engineered for blockchains that don’t run on the Ethereum Virtual Machine (you know, like Cardano). Because who doesn’t love a little exclusivity?

Now, let’s talk about a feature that makes USDCx on Cardano stand out from the crowd: transaction privacy. Using Zero Knowledge Proof technology, USDCx keeps things hush-hush, offering a level of privacy that the typical versions on other networks just can’t match. But don’t worry, if you’re into the basics, USDCx will still work like any other Circle stablecoin. Because who doesn’t love a mix of high-tech privacy and good ol’ regular stablecoin functionality?

There’s more.

Almost 14,000,000 $USDCx minted now. 🔥

– Cexplorer.io 🅰️ (@cexplorer_io) February 27, 2026

Heads up: if you’re a retail user thinking of converting USDCx into fiat dollars, don’t get too excited. Only institutional clients can redeem directly through Circle’s bank account. For everyone else? Exchange it on centralized exchanges or DEXes where you’ll see it magically morph into regular USDC as you exit the network. But hey, no biggie, right?

Before USDCx, Cardano enthusiasts had to settle for USDTM, bridge tokens from WanChain, or DJED-the overcollateralized algorithmic stablecoin. Cute, but not exactly Circle-level. USDCx, with its $75 billion market cap (aka liquidity for days), opens the floodgates for Cardano developers and crypto users everywhere. Now that’s some serious access to the global crypto market, my friends!

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2026-02-27 19:34