Cardano launches USDCx 1:1 with Circle USDC; IOG to cover bridge fees for 10 days

Cardano launched USDCx, a native stablecoin collateralized 1:1 with Circle's USDC via the xReserve smart contract. On February 27, 2026, Circle said USDCx on Cardano is available via xReserve. IOG will cover bridge fees for the first 10 days. ADA traded at $0.2775, down 2.87% over the past day.