Paystand launches USDb, a stablecoin based on the Bitcoin ecosystem

ME News Report, April 28 (UTC+8), Blockchain B2B payment network Paystand announced the launch of USDb, a stablecoin based on the Bitcoin ecosystem, backed 1:1 by US dollars, and deployed natively on the Bitcoin sidechain Rootstock. It is also compatible with Liquid Network and Bitcoin Lightning Network. Notably, USDb is mainly targeted at traditional enterprise finance such as accounts receivable and payable, cross-border payroll, and treasury management. (Source: ChainCatcher)

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