What is USD X20 (USDX) crypto coin? The truth behind the fake stablecoin

USD X20, also known as USDX, sounds like it should be just another stablecoin-something that holds steady at $1, like USDT or USDC. But the reality is far different. If you’ve seen USDX listed on a crypto site with a price near $1, you’re being misled. The actual market price of USDX is around $0.00001811, according to CoinGecko as of February 7, 2026. That’s not a stablecoin. That’s a token with almost no value, almost no trading, and almost no purpose.

What USDX claims to be vs. what it actually is

Some platforms, like CoinMarketCap and RevenueBot, describe USDX as a blockchain-based stablecoin designed for payments, merchant use, and as a settlement layer. They mention things like "Overdraft Deposit Accounts" and "transparent governance." But none of this is backed by real-world activity. There’s no public whitepaper, no GitHub repository, no developer updates, and no credible audit. The whole narrative looks like a template copied from a legitimate project and pasted onto a token nobody cares about.

Meanwhile, CoinGecko shows a 24-hour trading volume of just $9.26 across one exchange. That’s less than what a single small trade in Bitcoin or Ethereum would move in seconds. Compare that to USDT, which trades over $50 billion daily. USDX doesn’t just lag behind-it’s not even in the same league. It’s barely on the map.

The price confusion: Why do some sites say USDX is $1?

This is where things get strange. Binance and Bybit list USDX at around $1.00. But Binance itself says: "This coin is not listed on Binance for trading and services." So why does it show up at all? The answer is simple: data errors and duplicate token listings.

The contract address for USDX is 0x55b0faf9818074716f622453abc296839d559120. That’s verified on CoinGecko and partially on Binance. It’s the same token everywhere. But some platforms are either misreading the data, confusing it with another token, or worse-deliberately inflating its value to attract unsuspecting traders.

There’s no technical reason for this price gap. No liquidity pool, no market maker, no algorithm backing it. The $1 price is fiction. The $0.00001811 price is reality.

Supply, chain, and launch: The numbers don’t add up

According to Liquidity Finder, USDX was "launched in 2025," operates on BNB Smart Chain (BEP20), and has a total supply of 1 trillion tokens-with zero in circulation. But CoinGecko shows a small circulating supply, since there’s actual trading happening. So which is it? The truth is, no one knows. The data is contradictory, incomplete, and likely outdated.

Even if all 1 trillion tokens were in circulation, the fully diluted valuation would be around $465 million. But with a circulating supply near zero and a price of less than two hundredths of a cent, the real market cap is effectively zero. That’s not a stablecoin. That’s a ghost asset.

Why USDX isn’t a stablecoin

A real stablecoin has one job: stay at $1. USDT does it by holding dollars in reserve. USDC does it with audited bank accounts. DAI does it with crypto collateral and smart contracts. USDX? It has no reserve, no audit, no mechanism, and no proof of backing. It’s just a token with a name that tricks people into thinking it’s safe.

Even the term "USD x20" suggests leverage-like 20x the dollar. That’s not stable. That’s speculative. And yet, the project still calls it a stablecoin. That’s misleading by design.

Regulators in the EU, under MiCA rules, require stablecoins to prove they’re backed and transparent. USDX shows zero compliance. No legal entity, no audit reports, no public disclosures. It’s the opposite of what regulators demand.

No community, no adoption, no future

Check Reddit. Search r/CryptoCurrency, r/Bitcoin, r/Altcoin. Zero threads about USDX. No one’s talking about it. No one’s using it. No one’s even asking questions.

Trustpilot? No reviews. Crypto forums? No mentions. Wallet integrations? Only if you manually add the contract address to MetaMask-but why would you? There’s no DeFi protocol, no DEX, no merchant accepting it. It can’t be used for anything meaningful.

When a token has a $9.26 daily trading volume, it’s not a currency. It’s a curiosity. A glitch. A mistake.

Where does USDX fit in the crypto world?

The global stablecoin market is worth over $150 billion. USDT, USDC, and DAI together make up over 85% of it. USDX doesn’t even register on the radar. It’s not in the top 5,000 coins by market cap. It’s not mentioned in industry reports from Gartner or CoinDesk. It’s not listed on major exchanges for trading.

USDX is an example of what happens when someone creates a token with a fancy name, copies a few buzzwords from a whitepaper, and lists it on a few obscure platforms. It’s not a project. It’s noise.

Should you buy USDX?

Short answer: No.

If you’re thinking of buying USDX because you saw it listed at $1, you’re being targeted by outdated or manipulated data. The real price is less than 0.002 cents. Even if you bought 1 billion tokens, you’d spend less than $20-and they’d still be worthless.

There’s no upside. No roadmap. No team. No future. The only thing USDX has going for it is confusion. And confusion doesn’t make money-it loses it.

If you want a stablecoin, use USDT, USDC, or DAI. They’re backed, audited, traded, and trusted. USDX? It’s a ghost.