USDX: Solving the Impossible Trinity of Cash Management

Traditional MMF Tradeoff
Typically must sacrifice one attribute:
- High liquidity + stability = low yield
- High yield + stability = low liquidity
- High yield + liquidity = low stability

USDX Solution
Municipal bond-backed stablecoin achieves all three:
- Stability: $1 peg via daily rebase
- Liquidity: 24/7 redeemability
- Yield: Daily distributions from bond portfolio

Traditional Cash Management

Component	Yield	Stability	Liquidity
Bank Deposits	0.01%	FDIC Insured	Next-day
MMF Holdings	0.05%	NAV $1	T+1
Sacrifices yield for stability & liquidity

USDX Cash Solution

Component	Yield	Stability	Liquidity
USDX Tokens	0.02%	$1 Pegged	Instant
Municipal Bonds	3.5-4.5%	AAA Rated	Daily Rebase
Maintains all three attributes through: - Daily rebase mechanism - Diversified bond collateral - Instant convertibility

Live Performance Simulation

Traditional Cash Position

Balance: $100,000,000

Daily Yield: 0.01%

Total Yield: $0

USDX Position

Tokens: 100,000,000

Value: $100,000,000

Daily Yield: 0.02%

Total Yield: $0

Day: 0