Paystand launches the USDb stablecoin based on the Bitcoin ecosystem
ChainCatcher News, according to Businesswire, 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 natively deployed on the Bitcoin sidechain Rootstock. It is also compatible with the Liquid Network and Bitcoin Lightning Network. Notably, USDb mainly targets traditional corporate finance scenarios such as accounts receivable and payable, cross-border payroll, and treasury management.
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