BitMart announces the launch of fixed-deposit products for Aleo ecosystem stablecoins USD and USDCx.

BitMart platform now supports USAD and USDCx fixed-income products, with an annualized yield of 6.88%. USAD is one of the stablecoins in the Aleo ecosystem, launched in collaboration between the Aleo Network Foundation and Paxos Labs. It emphasizes privacy, programmability, and compliance, positioning itself as a USD stablecoin running on the Aleo network. USDCx, on the other hand, is a stablecoin product developed within the Aleo ecosystem around USDC. Support for USDC has been gradually rolled out on the Aleo testnet and mainnet, emphasizing interoperability with the USDC system.