SINGLENESS OF MONEY

Summary from the TLDR Crypto newsletter

Circle has launched USDC native minting on Codex, making it the fastest chain in crypto history to secure this milestone. The announcement emphasizes Codex's focus on solving the “singleness of money” problem, ensuring 1 USD stable equals 1 USD fiat across geographies and rails by addressing deep-rooted issues at the fiat–crypto boundary. Codex is building native solutions for T+0 wholesale FX, atomic compliance-integrated off-ramps, and risk-free fiat delivery, positioning itself as the infrastructure backbone for global stablecoin interoperability.