According to ChainCatcher, citing Decrypt, Flashnet and Brale plan to launch USDB, a US dollar stablecoin natively supported by Bitcoin, in collaboration with Magic Eden this summer. The stablecoin will be backed by the Bitcoin Layer 2 network Spark, and Magic Eden will assist in distributing USDB and supporting it on their Non-Fungible Token platform.
Flashnet and Brale plan to cooperate with Magic Eden to jointly launch USDB stablecoin
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