Case Studies

Brex

Optimizing $7B in Treasury Operations

Challenge

Managing $7B deposits with high counterparty risk and costly FX operations

Solution

  • Instant 24/7/365 settlement
  • Yield-bearing deposits
  • Automated FX operations

Results

  • 20-30bps FX savings
  • 4-day reduction in prefunding
  • Enhanced daily treasury yield
  • Real-time settlement

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Robinhood

Unlocking Trading Collateral Yield

Challenge

Inability to generate yield on idle user cash without sacrificing trading liquidity

Solution

  • In-app yield generation integration
  • Real-time collateral conversion
  • Automated treasury management

Results

  • New yield revenue stream
  • Increased user retention
  • Expanded global accessibility
  • Real-time settlement

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Franklin Templeton

Building Resilient Money Markets

Challenge

Fund outflows and redemption pressure during market stress

Solution

  • USDX/FOBXX integration
  • Automated inflow management
  • Enhanced distribution network

Results

  • Increased AUM + fee income
  • Reduced cash flow volatility
  • Improved counterparty diversification
  • Enhanced liquid asset ratios

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Prudential

Maximizing Reserve Efficiency

Challenge

Low-yield float reserves with limited collateral mobility

Solution

  • Automated allocation
  • Daily yield distribution
  • Flexible collateral usage

Results

  • Maximized reserve yield
  • Instant liquidity access
  • Streamlined operations
  • Enhanced risk management

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Western Union

Cross-border B2B Payments

Challenge

International money transfers face high costs and slow processing times due to traditional banking intermediaries and currency exchange processes.

Solution

  • Integrate USDX to streamline cross-border remittances.

Results

  • Near-instant transfers (minutes vs. days)
  • FX fee reduction by 20 to 30 bps
  • Continuous yield accrual during transfer process
  • Reduced FX risk exposure

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Credit Rating Agencies

Transparency

Challenge

Limited visibility into underlying asset quality and risk.

Solution

  • Real-time, publicly accessible NAV and holdings data.

Results

  • Information cost reduction
  • Peer-reviewed risk assessment
  • Potential borrower pool increase
  • Global liquid market promotion

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Palantir Technologies

Streamlined data and information management

Challenge

Money laundering, drug trafficking, sanctioned capital flight.

Solution

  • Stablecoin payments data.

Results

  • Enhanced AML compliance
  • Improved detection of illicit activities
  • Reduced data model latency
  • Streamlined data aggregation

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

The Department of the Treasury

Expanding US Dollar Dominance

Challenge

BRICS, inflation, collateral immobility

Solution

  • Stablecoin redeemable for US government securities.

Results

  • Global distribution
  • Banked with internet connection
  • Higher percentage of international trade settled
  • Enhanced economic influence and geopolitical leverage

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Family Offices

Enabling Borderless Collateral Mobility

Challenge

Inefficient treasury management across multiple investment vehicles.

Solution

  • Automated low-risk asset allocation with daily yield distribution.

Results

  • Instant vs 2-3 day transfers
  • Eliminated fees on international payments
  • Improved short-term liquidity
  • Streamlined operations

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Payment Providers

Eliminate Intermediaries

Challenge

Difficult to track, high fees, slow, lack transparency

USDX Solution

  • 1. Merchant sends 10,000 USDX
  • 2. Settles in 10 minutes, costs $0
  • 3. Supplier receives £7,500 after FX

State of the art

  • 1. US merchant sends $10,000 to UK supplier via Visa
  • 2. Takes 2 days, costs $300 in fees
  • 3. Supplier receives 10,000 USDX, converts to £7,700

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Change Healthcare

Rebuilding Healthcare Payments Security

Challenge

Breach crashed $9T claims system for 8 months, exposing 100M patient records

Solution

  • 1. Real-time USDX settlement
  • 2. Encrypted patient data
  • 3. Blockchain node redundancy for uptime

Results

  • 1. Zero single points of failure
  • 2. Bank-grade encryption of PHI
  • 3. 24/7 claims processing uptime
  • 4. Fully auditable settlement trail
  • 5. $4.5B annual savings

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025

Index Funds

Eliminate Margin Calls

Challenge

Cash drag, tracking error, equitization, margin calls

Solution

  • Convert cash holdings to USDX
  • Earn daily yield on a position with no borrowing exposure
  • Use USDX for 24/7 redemptions

Results

  • 1. Zero single points of failure
  • 2. Transparency
  • 3. 15bps for actively managed funds
  • 4. Zero margin calls
  • 5. [insert]

Timeline

  • Testing: Q1 2025
  • Launch: Q2 2025