Codex’s cover photo
Codex

Codex

Financial Services

Move seamlessly between fiat and stablecoins. Anything to anything.

About us

Codex FX is a stablecoin-powered FX platform for businesses moving between fiat and stablecoins. We help fintechs, PSPs, neobanks, remittance companies, and others move money between borders with wholesale rates, fast settlement, and transparent pricing. Built for emerging and frontier markets, Codex offers 24/7 execution, deep liquidity, and a faster, cheaper alternative to legacy FX rails. Anything to anything.

Website
https://codex.xyz
Industry
Financial Services
Company size
11-50 employees
Type
Privately Held

Employees at Codex

Updates

  • Codex reposted this

    USDT and USDC are both supposed to be a dollar, but they've never actually traded as the same one. There's a spread between them, which is usually tiny. Then USDC lost its peg in 2023 and dropped below 90 cents while USDT held. If you promised a customer a dollar in and a dollar out, that was your problem with no clean fix. We've just launched Codex Par: one API call to swap USDT to USDC or back, at 1:1, all the time. You can finally promise your customers true USDT<->USDC swaps at par, with fees billed separately (and transparently) to you. Live since early this year, already doing hundreds of millions a month. And we finally made it public. DM me or book a demo with us to learn more 👇

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  • Codex reposted this

    A dollar is supposed to be fungible. Onchain it still isn’t. USDT and USDC are about $258B between them, roughly 85% of all stablecoin value, and they trade against each other at a spread that widens exactly when you’d want it not to. In March 2023, the pair printed 87 cents on the dollar. The US didn’t reach universal par clearing until 1980. Before that, banks charged exchange fees on checks drawn elsewhere, and the money arrived worth less than its face. Because no currency clears itself at par, someone always has to. Codex Par is that service. One endpoint, 1:1 in either direction, liquidity on both sides ours. Live since early 2026, clearing hundreds of millions a month.

    View organization page for Codex

    2,546 followers

    Announcing Codex Par. Instant 1:1 USDT↔USDC swaps through one API. No spread for your users. Codex handles the liquidity and settlement. Now onchain, a dollar is a dollar. codex.xyz/par

  • In 2020, stablecoins were equivalent to 0.04% of all dollars in the US financial system. Today, they equal 1.4%. Digital dollars are becoming a permanent layer of global finance. Codex FX is the infrastructure connecting them to fiat.

  • Dollar access is the foundation for how many fintechs, PSPs, and neobanks across emerging markets operate. The Dollar Machine by Codex offers: • USDC ⇄ USDT • USD Stables ⇄ USD • Local Fiat ⇄ USD Stables 24/7. Wholesale. Fast settlement.

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  • Codex reposted this

    📣 WE ARE HIRING: HEAD OF CLIENT ONBOARDING 📣 At Codex, we're moving global payments onto a new settlement layer: stablecoins. Cross-border money movement still runs on rails designed decades ago. We're building the platform that replaces them. But the fastest rails mean nothing if getting onto them takes weeks. That's where you come in. We're hiring a Head of Client Onboarding to own how fintechs, PSPs, and institutional clients onboard to Codex. This is a foundational role: you'll run KYB end-to-end today while designing the automation that scales the function 10x tomorrow. You'll report directly to the CEO, working across Sales, Compliance, and Engineering. Looking for: - 5–10 years in onboarding, KYB, or ops at fintechs, PSPs, neobanks, or payments companies - Strong command of corporate KYB - Track record of scaling one-to-many onboarding - Experience partnering with engineering on automation -- Apply here if you want to build the gateway to the next generation of global finance: https://lnkd.in/gF7MwxPt

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