Stablecoin company Boundary will launch verifiable institutional-grade stablecoin USBD

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BlockBeats News, May 12 — Stablecoin startup Boundary Labs, led by Galaxy Digital’s Galaxy Ventures, announced that it is preparing to launch an institutional stablecoin called USBD and has completed a $2 million pre-seed funding round.

According to reports, this funding round also attracted participation from institutions such as First Block Capital and BlackWood. Boundary Labs was founded by Matthew Mezger, a former executive at Deutsche Bank and Digital Currency Group.

USBD will be deployed on the Ethereum network, emphasizing the concept of a “verifiable stablecoin,” by continuously verifying reserves, net asset value (NAV), and protocol operational status on-chain, aiming to reduce reliance on off-chain audits and trust mechanisms typical of traditional stablecoins.

The project team stated that USBD employs over-collateralization and hedging strategies to reduce market volatility risks, shifting stablecoin infrastructure from “trust-based” to “verifiable financial systems.”

Additionally, Boundary plans to launch a staking token, sUSBD, used to distribute protocol yields under a delta-neutral DeFi strategy, but USBD itself does not offer yield functionality.
The team said that the protocol mainly targets asset management firms, hedge funds, and family offices, with plans to officially launch on the mainnet in early summer 2026.

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