Sentiment: Positive
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Galaxy-Backed Boundary Labs to Launch Verifiable USBD Stablecoin on Ethereum
By Kelvin Munene at 2026-05-12 05:10
Sentiment: Positive
TLDR Boundary Labs raised $2M in pre-seed funding led by Galaxy Ventures. USBD is planned for launch on Ethereum in early summer 2026. USBD will use on-chain verification for reserves, NAV and protocol performance. Boundary says USBD will be over-collateralized and use delta-neutral hedging. USBD will not pay yield, while eligible users can earn through [...] The post Galaxy-Backed Boundary Labs to Launch Verifiable USBD Stablecoin on Ethereum appeared first on CoinCentral. Continue reading...
Categories: Stablecoins
Tags: #Stablecoins #Bitcoin #stablecoin
Source Coin Central