---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-089504"
form_type: "8-K"
ticker: "USDE"
cik: "0002080215"
company_name: "StableCoinX Inc."
filed_at: "2026-08-14T13:12:59+00:00"
generated_at: "2026-08-14T13:14:22.461231+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# StablecoinX reports Q2 2026: ENA treasury ~3B tokens, $232.6M assets, $62k revenue

## Summary
- Completed business combination with TLGY on June 25, 2026; shares began trading on Nasdaq as USDE/USDEW June 26, 2026.
- ENA treasury ~3.0B tokens (284.95M from Ethena Foundation, ~2.75B from PIPE) valued at $218.4M as of June 30, 2026.
- Total assets $232.6M: $18.9M cash, $212.9M digital intangible assets (ENA at cost less impairment).
- Revenue from Infrastructure Services $62,372 in last two weeks of June; DVN surpassed $3B cumulative cross-chain volume.
- Launched StablecoinX Harness platform July 2, 2026; signed first client July 10, 2026.

## SEC filing metadata
- accession: 0001213900-26-089504
- form_type: 8-K
- ticker: USDE
- cik: 0002080215
- company_name: StableCoinX Inc.
- filed_at: 2026-08-14T13:12:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2080215/000121390026089504/0001213900-26-089504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2080215/000121390026089504/ea0301883-8k_stablecoin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-089504
- JSON: https://secwatch.observer/filing/0001213900-26-089504.json
- Plain text: https://secwatch.observer/filing/0001213900-26-089504.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.