USDCx on Movement is now available via Circle xReserve, enabling secure interoperability with USDC across supported blockchains.
We’re thrilled to announce that Movement is now connected to Circle xReserve. Thanks to this integration, USDCx on Movement is now available, providing a USDC-backed stablecoin to platform users and developers. This enables access to crosschain USDC liquidity without the need for third-party solutions.
About Movement
Movement is a scalable layer-1 (L1) blockchain powered by the Move Virtual Machine (MoveVM). Built around the security-first Move programming language, Movement aims to make it easier for developers to build secure, high-performance decentralized applications with asset safety at the core. Designed for both scalability and interoperability, Movement offers near-instant finality and seamless EVM compatibility — enabling crosschain liquidity and expanding opportunities for applications supporting USDC and USDCx.
What is USDCx on Movement?
USDCx on Movement is a dollar-denominated stablecoin deployed by Movement, fully backed 1:1 by USDC held in Circle xReserve. As both a non-custodial smart contract and interoperability infrastructure, xReserve provides minting and deposit attestations for USDCx, enabling secure and verifiable asset issuance and crosschain transfers.
xReserve works in tandem with Circle Gateway and Circle CCTP to make USDCx on Movement interoperable with USDC across supported blockchains, without reliance on third-party bridges.
It is also fully interoperable with USDCx on compatible blockchains. The Movement integration is the fifth xReserve integration, with USDCx also available on the Aleo, Canton, Cardano, and Stacks blockchains.
USDCx on Movement
Token Name: USDCx
Token Symbol: USDCx
Mainnet address: 0xba11833544a2f99eec743f41a228ca6ffa7f13c3b6b04681d5a79a8b75ff225e
Testnet address: 0x63f169ba69623ba6ccf34620857644feb46d0f87e1d7bbcf8c071d30c3d94bd6
Powering new use cases
With Movement’s xReserve integration, institutions, developers, and everyday users can explore powerful new onchain use cases, including:
- DeFi liquidity: USDCx offers increased stablecoin support for DEXs, lending protocols, and structured products on Movement, without bridge dependencies. USDCx supplies reserve-backed dollar pricing and settlement, bootstrapping deep liquidity for AMMs, credit markets, composable strategies, and more.
- Remittances and cross-border payments: USDCx enables near-zero-fee stablecoin transfers for global users, offering a lower-cost alternative to traditional remittance rails. USDCx on Movement enables instant, onchain settlement, which helps to cut costs and settlement times for developers, users, and small businesses.
- Neobank stack: Users can spend fund balances with debit card integrations, forming an onchain loop. Deposits flow into audited DeFi strategies while cards and payment rails enable everyday USDCx use within Movement’s ecosystem.
- RWA Access: Users can route USDCx into instruments like Treasury bills and other institutional lending instruments. Tokenized real-world asset (RWA) access preserves onchain composability..
- Crosschain liquidity: CCTP and Gateway link USDCx on Movement to USDC across more than 30 supported blockchains, providing broad, ecosystem-wide liquidity without third-party trust assumptions. Projects and wallets can tap a global pool of liquidity for market making, multichain composability, and simplified fiat on/offramps.
Movement apps integrating USDCx
Movement apps integrating USDCx on Day 1 include:
Get started today
Visit Movement to learn more about its mission, key features, and how to leverage USDCx on Movement.
Dive into our documentation to learn more about the expanding Circle xReserve ecosystem.
