USBD SECURES $2M PRE-SEED, SETTING STAGE FOR TRUSTLESS STABLECOIN đ
Boundary Labs closed a $2Z million preâseed round led by Galaxy Ventures, with participation from First Block Capital and BlackWood. The startup will launch USBD, an Ethereumâbased institutional stablecoin featuring daily onâchain reserve verification, overâcollateralization, and deltaâneutral hedging to curb market risk.
The infusion signals growing investor confidence in transparent stablecoins. Realâtime NAV reporting could address regulatory scrutiny and attract custodial banks. Earlyâsummer 2026 launch aligns with broader market push for auditâready assets, but adoption will depend on liquidity provisioning and integration with existing DeFi bridges.
Not financial advice. Manage your risk.
#stablecoin #DeFi #CryptoNews #Institutional #USBD
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