Stablecoin

Bitcoin

Stablecoin service and payment infrastructure provider Stably announced the launch of #USD, a US Dollar stablecoin based on the BRC-20 token standard. According Stably, #USD is the first US Dollar stablecoin on the Bitcoin network, which aims to provide the Bitcoin community with a transparent and regulatory-compliant stablecoin.#USD is a fully-collateralized stablecoin. Each #USD is backed 1:1 with the US Dollar held by a US-regulated custodian in a collateral account. A third-party stablecoin attestor will conduct monthly attestations for the account to ensure the number of circulating stablecoins is equal to the collateral account's balance.&nbsp;<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>. Your trust will be well respected.

Stablecoin Service Provider Stably Launches Stablecoin on Bitcoin Network Called #USD

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