# @xyz on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DR2Wr8jiaB-
- **Gondola URL:** https://gondola.cc/posts/37545345-xyz-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/2ec0865a50.jpg
- **Posted:** 2025-12-04T17:05:44.000+00:00
- **Account Owner:** XYZ Domains (@xyz) — https://gondola.cc/xyz

## Caption

Codex PBC is a Public Benefit Corporation developing Codex Chain, an Ethereum Layer 2 network designed for stablecoin-native payments, foreign exchange, and settlement. According to its documentation, Codex Chain aims to reduce friction between fiat and crypto by embedding programmable on-chain systems for ramping, compliance, identity, and FX. The network operates as an EVM-equivalent rollup on Ethereum, meaning that existing Ethereum contracts and developer tools can run on Codex without modification. In April 2025, Codex raised $15.8M in seed funding led by Dragonfly.xyz, with participation from Coinbase Ventures, Circle Ventures, Wintermute Ventures, Selini Capital, and others.

Visit the #BlockchainThursday link in our bio to learn more.

#Stablecoins #CryptoPayments #Ethereum

## Stats

- **Views:** 3
- **Likes:** 1
- **Shares:** 0
- **Comments:** 2

## Tags

cryptopayments, blockchainthursday, stablecoins, ethereum

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