Circle Launches USDCx on Cardano via xReserve with Liqwid, Minswap Backing
Circle’s USDCx is now live on Cardano via an xReserve integration, with on-chain support from Liqwid, Minswap and SundaeSwap. The rollout supplies native USDC liquidity for the ADA ecosystem while avoiding third‑party bridge dependencies, aiming to reduce counterparty and bridge risk for users and protocols.
The integration matters for DeFi activity on Cardano: DEXs and lending markets can access cross‑chain USDC without wrapped assets, improving capital efficiency for ADA traders and borrowers. Backing from major Cardano projects signals broader ecosystem adoption and could streamline onramps and yield opportunities for USDC holders and ADA users alike.