USDB stablecoin will be natively listed on the Bitcoin network, launched by Flashnet and Brale this summer

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Decentralized exchange Flashnet and the US-licensed institution Brale will issue the USDB dollar stablecoin, fully backed by government bonds, on the Bitcoin Layer 2 network Spark this summer, with Magic Eden assisting in its distribution and integration into the trading platform. USDB is the first dollar-backed stablecoin natively issued on Bitcoin, aimed at introducing dollar liquidity directly to the Bitcoin network without using cross-chain bridges, wrapped assets, or synthetic structures. (Decrypt)


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