Paystand Launches USDb Stablecoin on Bitcoin Ecosystem, Backed 1:1 by USD Reserves

BTC-3.04%

Gate News message, April 28 — Paystand, a blockchain-based B2B payments network, has announced the launch of USDb, a stablecoin backed 1:1 by U.S. dollar reserves. The stablecoin is natively deployed on Rootstock, a Bitcoin sidechain, while maintaining compatibility with the Liquid Network and Bitcoin Lightning Network.

USDb is designed for enterprise finance applications including accounts receivable and payable, cross-border payroll, and treasury management.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments