A once prominent platform has recently undergone a major transformation—rebranding and revamping, along with a new twist on their previous debt settlement plan. Previously owed USDT to customers? All converted into their own issued USDX stablecoin. What can this new currency do? The official says it can be used for in-store cash withdrawals, transfers within the app, and even purchasing financial products.

The official previously promised: by December 1, 2025, customers with account balances below $10,000 will be prioritized, with those holding ≤$500 being the first batch, and notifications for withdrawals will be sent out in phases starting January 5, 2026. Sounds quite well-planned.

But what’s the situation now? Interestingly, some users with balances below $500 have indeed received notifications, but there’s a detail— the balance shown in their accounts now displays in USDX. As for whether this is a true equivalent exchange or if they can withdraw immediately, that’s a big question mark. The market is watching, and users are waiting for answers.