MEXC Ventures Invests $40 Million in Stablize & USDX to Drive Stablecoin Innovation and Increase Crypto Adoption
Victoria, Seychelles, March 15, 2025 – MEXC Ventures, the investment arm of global cryptocurrency exchange MEXC, has announced a strategic investment of $20 million in Stablize, one of the pioneers in the stablecoin space. MEXC also purchased $20 million in USDX, Stablize’s synthetic stablecoin, to drive the adoption and popularity of stablecoins in the global cryptocurrency market.
MEXC Ventures sees Stablize as a key strategic partner due to its groundbreaking vision and outstanding execution in providing a decentralized stablecoin solution. With a commitment to continuous improvement, Stablize has quickly become a key player in the rapidly growing stablecoin space.
Stablecoins play an important role in the cryptocurrency ecosystem, and MEXC Ventures strongly believes in the future of USDX and the Stablize ecosystem in shaping the development of the stablecoin market. USDX, based on Ethereum, aims to solve the centralization issues that many stablecoins face today. More than just a stablecoin, Stablize is building an entire ecosystem around USDX. This investment further demonstrates MEXC Ventures' commitment to supporting blockchain and cryptocurrency infrastructure projects, contributing to the innovation and sustainable development of the sector. "Stablecoins are an important pillar in the development of the global cryptocurrency market. MEXC strongly believes in their potential and is committed to supporting the development of innovative stablecoin solutions. With the increasing demand for Bitcoin and other digital assets, stablecoins such as USDX are increasingly attracting attention from investors. We expect Stablize to play a leading role in developing groundbreaking stablecoin solutions and promoting the adoption of cryptocurrencies on a larger scale," said Tracy Jin, COO of MEXC.
MEXC Ventures has always strived to make strategic investments in blockchain and DeFi projects, providing comprehensive support to the ecosystem. Through partnerships with leading public chains and DeFi projects, MEXC Ventures not only invests but also provides operational support, marketing campaigns, and trading initiatives. This approach ensures that projects can scale quickly and achieve sustainable success.
As part of supporting stablecoin adoption, MEXC has also purchased $20 million USDX. This move is intended to incentivize users to experience and trade USDX through attractive incentives such as zero trading fees and high APR staking events, with a total prize pool of up to $1,500,000. These rewards will be made available to users on centralized exchanges.
MEXC believes that decentralized stablecoin projects like USDX will play an important role in the cryptocurrency ecosystem. With a DeFi-specific design and the ability to reduce dependence on centralized stablecoin issuers, USDX will provide users with more options to hold and earn passive income on centralized exchanges, while enhancing the flexibility and utility of stablecoins.
About MEXC
Founded in 2018, MEXC is committed to being “The Easiest Way to Earn Crypto.” With over 34 million users worldwide, MEXC offers a low-fee trading platform, trending tokens, and regular airdrops. Aiming for simplicity and innovation, MEXC makes cryptocurrency trading easier and more fun for both beginners and professional investors.
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