TLDR Crypto · INNOVATION & LAUNCHES
BRIDGE INTRODUCING USDB STABLECOIN
Summary from the TLDR Crypto newsletter
Bridge has launched USDB, a 1:1 cash- and money market-backed stablecoin held at BlackRock. It is designed to share treasury yield with developers and users, rather than be retained solely for the issuer. The platform supports instant, fee-free conversions between USDB and other stablecoins, while offering customizable, white-labeled stablecoin infrastructure with on-chain and off-chain security features such as token freezing and account whitelisting.