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Paystand launches USDB stablecoin to promote B2B finance on the blockchain
CryptoWorld News reports that, according to Bitcoin Magazine, Paystand announced the launch of USDB, a stablecoin specifically designed for business-scale financial operations, covering accounts receivable, accounts payable, payroll, and financial management, based on the Bitcoin network. Paystand is a Bitcoin-based B2B payment network serving over one million businesses across North America and Latin America. The company has processed over $20 billion in payments and has built a full-stack CFO platform through acquisitions of Yaydoo, Teampay, and Bitwage, covering AR automation, expense management, Latin American compliance, and cross-border payroll. USDB is backed 1:1 by US dollar reserves and is native to Blockstream’s Liquid network and Rootstock, aiming to support growth in the US and international markets. Paystand plans to achieve full compliance by the end of 2026 and positions USDB as infrastructure for approximately $100 trillion in B2B economy, rather than for crypto trading or retail transfers.