Wu Blockchain (@WuBlockchain): Sonic Labs announced the launch of a network-native U.S. dollar stablecoin, USSD (US Sonic Dollar), positioned as the stable liquidity layer of the So…
Estimated coin impact
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- FRAX+75Positive
Sonic Labs announced the launch of a network-native U.S. dollar stablecoin, USSD (US Sonic Dollar), positioned as the stable liquidity layer of the Sonic ecosystem. USSD is built on Frax Finance infrastructure and is backed 1:1 by U.S. Treasury assets issued by BlackRock, Superstate, and WisdomTree. https://x.com/SonicLabs/status/2031006467571298594