TheBlock
Boundary Labs is gearing up to launch USBD, an institutional-grade stablecoin built around continuous onchain verification of reserves, net asset value, and protocol performance. The project has closed a $2 million pre-seed round led by Galaxy Ventures, with a planned Ethereum mainnet launch in early summer 2026.
The 'verifiable' angle is the core thesis: rather than periodic attestations from third-party auditors — the model that failed spectacularly in past stablecoin collapses — USBD aims to surface reserve and NAV data in real time, directly onchain. That's a meaningful structural upgrade for institutional treasuries that need continuous proof of backing, not quarterly snapshots.
With Galaxy Ventures as lead backer, the project carries credible institutional distribution rails from day one. Early summer 2026 is the target window to watch.
CoinDesk
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