According to Foresight News, the payment platform Bridge has launched a stablecoin called USDB specifically for developers. USDB is backed 1:1 by cash and BlackRock money market funds, featuring on-chain and off-chain security controls and easy integration through API. USDB supports seamless conversion with USDC, and developers can earn rewards from their balance. Currently, developers are using USDB to build treasury products, embedded accounts, and international payment functions.
Bridge launches USDB, a developer-only stablecoin backed 1:1 by cash and BlackRock money market funds
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