On November 29, it was reported that the stablecoin issuance agreement usdx.money completed a $45 million financing. After this round of financing, the project valuation has reached $275 million. NGC, BAI Capital, Generative Ventures, UOB Venture Management and other investors participated in the investment, and some of them injected capital through warrants. Existing backers of the project include Dragonfly Capital and Jeneration Capital. usdx.money aims to build the next generation of stablecoin infrastructure, and USDX is its first stablecoin product. After the financing is completed, usdx.money will further accelerate its ecological layout and promote the application of stablecoins USDX and sUSDX in multiple fields.