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

BTC-2.96%

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.

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