Why use USX?

Most existing stablecoins and yield-bearing options have 5 key problems:

• Stablecoin issuers keep the yield: Popular fiat-backed stablecoins like USDC and USDT generate returns from their reserves. But none of that yield is shared with users, so only the issuers profit.

• Onchain yields are complex: DeFi strategies can be difficult to navigate, requiring constant monitoring of market conditions to sustain meaningful double digit yields.

• Offchain yields are inaccessible: Institutional-grade yields are typically gated and available only to high-net-worth individuals (HNIs).

• Lack of privacy on public blockchains: Anyone can see your stablecoin balance when your wallet is publicly linked to your identity.

• Most stablecoins lack the practical spendability of cash: Unless you hold major stablecoins like USDC, USDT or EURC, you'll need to swap tokens before using them.

USX Solves These Problems

Scroll Exclusive Features (Powered by Cloak)

The following premium features will rollout over Q1 2026:

Gasless Transactions No need to hold "gas" tokens to send or receive USX. It works like money should - simply send and receive.

Practical Privacy USX achieves practical privacy through Cloak (Scroll's privacy layer).

What it means:

• Your balances and transaction amounts stay hidden from the public.

• You maintain financial privacy similar to a bank account.

• At the same time, transactions are auditable, so authorized regulators can request verification when required, just like banks in traditional finance.

This is not "anonymous privacy”. It’s practical regulated privacy, built for real-world use.

Direct Spendability Through payment partners, you can use USX just like cash.

• Tap to pay at physical stores

• Spend online globally

• No need to swap or bridge to another chain

Core Features (Available on all chains once USX is multichain)

Yield Generation By staking USX, anyone can access a simple, transparent yield model that combines:

• Institutional-grade offchain opportunities

• Battle-tested DeFi strategies (without managing complexity yourself)

sUSX (staked USX) acts as an abstraction layer, packaging the best of offchain and onchain yield into a single yield-bearing token.

Note: As USX expands to other chains, yield features will be available everywhere, but gasless transactions, practical privacy, and direct spendability remain exclusive to Scroll’s Cloak.

USX Yield Overview

• APYs: USX targets yields up to 15%* in APY, which is significantly higher than the existing yield bearing stablecoins.

• Diversified and sustainable strategies: USX generates returns through a hybrid strategy, leveraging both TradFi and DeFi. This diversification mitigates risk and ensures a sustainable return profile.

• Always redeemable: USX is fully redeemable 1:1 for the underlying collateral (USDC). Duration to redeem: 14 days.

• Scroll’s major flagship product: USX is built as a fundamental component of the Scroll ecosystem, with integrations across major apps for deep utility and adoption.

*Up to 15% represents the intrinsic yield generated by the protocol (purely from strategies and not extra rewards or token incentives) from both partnered TradFi (offchain) and Blend (onchain). Based on past performance, these combined strategies delivered up to 15% annual return. However, kindly note that past performance does not guarantee future results, as returns depend on both offchain and onchain market conditions.