> For the complete documentation index, see [llms.txt](https://docs.xft.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xft.finance/usdxt/what-is-usdxt.md).

# What is USDXT?

USDXT is a payment stablecoin that is 100% backed by short-term US treasuries and USD.

**WHY USDXT?** 

Instant settlement
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24/7/365 redemptions vs. business hours only
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Global access vs. geographic restrictions
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No counterparty risk vs. trusting multiple counterparties
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Programmable vs. manual processes
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Zero fee vs. wire transfer fees