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Hi, How USDX is backed ? When USDX will be used

in other CEX ?

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USDX is backed by collateral on the Kava Mint. USDX gets minted when users put up their collaterals on Kava Mint by creating a collateralized debt position. Hopefully, we will start seeing USDX gets listed on different exchange platforms soon. I haven't heard any update about this.

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