usdb

According to Businesswire, the blockchain B2B payment network Paystand announced the launch of the Bitcoin ecosystem-based stablecoin USDb, which is backed 1:1 by US dollar reserves and is natively deployed on the Bitcoin sidechain Rootstock. It is also compatible with the Liquid Network and the Bitcoin Lightning Network. Notably, USDb is primarily aimed at traditional corporate finance such as accounts receivable and payable, cross-border payroll, and treasury management.

ChainCatcher news, according to Decrypt, Flashnet and Brale plan to launch a Bitcoin-native USD stablecoin USDB in collaboration with Magic Eden this summer, which will be supported by the Bitcoin Layer 2 network Spark. Magic Eden will assist in distributing USDB and supporting the stablecoin on its NFT platform.

ChainCatcher news, according to Cointelegraph, Brazilian financial institution Braza Group has launched the US dollar stablecoin USDB on the XRPL.The stablecoin is backed by bonds from the United States and Brazil, aiming to enable fast and stable global transfers.

ChainCatcher message, according to a post by Compund Governance on X, there is one day left until the voting for proposal number 250 ends. The number of voters has reached the required amount, and this proposal changes the risk parameters of cUSDbCv3 on the Base chain.