USDB | Crypto

The US dollar-backed token will roll out across Paystand’s network, which the company says has processed more than $20 billion in business payments. Paystand is launching USDb, a US dollar-backed stablecoin built on Bitcoin-linked infrastructure for use in business payments, including accounts receivable, accounts payable, payroll and treasury operations. According to Tuesday's announcement, the token is issued on Bitcoin-linked rails, including Rootstock, and interoperates with infrastructure from Blockstream. It will roll out first across Paystand’s payments network, which the company says has processed more than $20 billion in volume for over one million businesses. Santa Cruz, California-based Paystand is a blockchain payments company that provides accounts receivable and accounts payable infrastructure to businesses across North America and Latin America. Read more

Bitcoin climbs above $105K as bullish catalysts stack: Japan eyes ETF tax reform, Trump defends crypto banking, and USDB stablecoin launches. The post Bitcoin Price Soars 2.49% on Thrilling News from Japan, Trump, and USDB—$109K Breakout on the Horizon appeared first on Cryptonews.

The XRP Ledger (XRPL) added three stablecoins, EURØP, USDB, and XSGD, to its ecosystem this week. According to the announcements, each of the tokens is backed by fiat currencies and will reinforce XRPL’s role in the fast-evolving global stablecoin market. Notably, XRPL is fast becoming a top choice for stablecoin issuers and institutional players due […] The post XRP Ledger sharpens competitive edge with fresh stablecoin additions of EURØP, USDB, and XSGD appeared first on CryptoSlate.