USB: Stabolut’s New Decentralized Stablecoin Powered by Bitcoin
USB is a decentralized, Bitcoin backed stablecoin that’s dollar pegged using a new approach to retain its peg by shorting Bitcoin through a perpetual swap. Stabolut, a startup working on a global payment system, announced the launch of its decentralized stablecoin USB today though its been in development since May
April 17, 2023
2 mins read
