A Revolution: First Bitcoin-Based Stablecoin Released!

stablecoin issuer stablyannounced the launch of the revolutionary first Bitcoin (BTC)-based stablecoin.

in January of 2023 Ordinals The process that started with the implementation of the protocol on the Bitcoin network extended to a stablecoin to be issued on the network. stablyon the Bitcoin network using the Ordinals protocol Stably USD named first BRC-20 your stablecoin to the market being driven explained.

The company announced that this new stablecoin ordinals trade fiat money or bitcoin He stated that he could make it cheaper and more efficient than paying with According to the statement, Stably USD will work with dollar support and these dollar assets Prime Trust will be stored securely.

Prime Trust, USA based is a financial services company that provides security and custody services for cryptocurrencies and other digital assets. Company policy In order for users to receive USD Stably, anti money laundering (AML) And know your customer (KYC) procedures will be required.

It is already a part of the ordinals protocol. NFT or BRC-20 users to purchase the token. nominal money using the unit middleman payment methods via or bitcoin must deal with. The company’s core vision is with this stablecoin as an intermediary for payment transactions. to offer alternatives to the market and to bring mobility.

Ethereum (ETH) based issuer firm Stably stableUSD (USDS) A stablecoin project called the market is operating. On-chain data platform to Etherscan in total with USDS according to 752 purse there is and only $264,000 a market value is seen. According to current data, the recently launched Stably USD 101 thousand dollars has market value.

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