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Codex
Codex is a purpose-built blockchain for all stablecoins, aiming to be their native chain. It is issuer-neutral, offers predictable low fees, and settles transactions on Ethereum. Codex is notable for being the youngest chain to secure a native USDC mint.
Distributed
Description
Codex is a purpose-built blockchain designed to address the limitations legacy blockchains impose on the growth of stablecoins. It is issuer-neutral, supporting all stablecoins, and ensures predictable, low transaction fees even during network congestion. All transactions on Codex are settled on Ethereum, leveraging its security and decentralization. The platform is developing several products, including Codex Avenue for instant wholesale FX settlement, Atomic off-ramps that enforce compliance within transactions to prevent frozen funds, and Risk-free fiat delivery which uses a validator set of ramps to guarantee safe and fast off-chain transactions.Grant Funding
VC Funding
None
2025
$0
$16M