Sonic Labs has introduced a new network-native stablecoin, USSD (US Sonic Dollar), designed to serve as a stable liquidity layer within the Sonic ecosystem. The USSD is built on the Frax Finance infrastructure and is fully backed 1:1 by U.S. Treasury assets issued by BlackRock, Superstate, and WisdomTree.
Sonic Labs Launches USSD Stablecoin Backed by U.S. Treasury Assets
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