Sonic Labs Launches Native Stablecoin USSD 💵 @SonicLabs is rolling out USSD, a native stablecoin backed by tokenized Treasuries from BlackRock, WisdomTree, and Superstate, built on Frax's modular frxUSD infrastructure. > USSD was built using Frax's GENIUS-compatible frxUSD infrastructure, a modular backend system designed for white-labeling institutional-grade stablecoins. > The token is backed by tokenized US government debt products from BlackRock, WisdomTree, and Superstate. > Users can mint USSD from 10+ chains directly to Sonic via LayerZero, and redeem it back to USDC on any chain supported by Circle's CCTP. > Sonic Labs sees USSD as a "foundational step" in its vertical integration push, aiming to tap institutional yield at the base layer and fund ecosystem buybacks. > Sonic is an EVM-compatible L1 targeting 100s of thousands of TPS with near-instant confirmations, currently ranked among the highest-throughput chains in its category. cc: @michaelfkong , @SjHarcourt , @DrSonicScholz , @Lorem_Ipsum95