Bitcoin Is Getting Native, Dollar-Backed Stablecoin USDB
Flashnet and Brale are gearing up to launch the Bitcoin-native, dollar-backed USDB stablecoin this summer in collaboration with Magic Eden.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Sui’s Hashi Launches With $500M to Turn Bitcoin Into Productive DeFi Collateral Markets
Key Takeaways: With more than $500 million in locked-in tokens, Hashi will launch its phased mainnet launch. The protocol enables...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
Sui’s Hashi Bitcoin Finance Network Launches With More Than $500 Million Committed
TL;DR: Hashi, Sui’s native Bitcoin finance infrastructure, will begin a phased mainnet rollout later this month with more than $50...
Chainlink Launches One-Click Cross-Chain Vault Deposits Across 80+ Blockchains
TL;DR: Chainlink has launched CCIP Vault Adapters, allowing DeFi vaults on one network to accept deposits from users across more t...
French Committee Approves Tax on Stablecoin Conversions From 2027
The proposal, which the National Assembly plenary must discuss and approve before it becomes law, would approve a tax on conversio...
Uniswap v4 and v3 capture 47.2% of $161.4 billion in stablecoin DEX volume
Uniswap's dominance in stablecoin DEX volume highlights its critical role in onchain finance, impacting trader strategies and liqu...