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Galaxy Ventures backs Boundary Labs' USBD — a fully verifiable institutional stablecoin launching on Ethereum!
🔥BULLISH

Galaxy Ventures backs Boundary Labs' USBD — a fully verifiable institutional stablecoin launching on Ethereum!

gearing up to launch USBD, an institutional-grade stablecoin built around continuous onchain verification of reserves, net asset…auditors — the model that failed spectacularly in past stablecoin collapses — USBD aims to surface reserve and NAV data

TheBlock
Banking lobby escalates Senate fight over stablecoin yield — warns $300B market could balloon to $2T!
🩸BEARISH

Banking lobby escalates Senate fight over stablecoin yield — warns $300B market could balloon to $2T!

Banking Committee markup scheduled for Thursday, warning that stablecoin provisions in the updated bill still leave room…core dispute: bank trade groups argue yield-bearing stablecoins function as substitutes for insured deposits, draining the funding

CoinDesk