Bridge launches USDB, a stablecoin for developers, backed 1:1 by cash and BlackRock money market funds

Odaily News Payment platform Bridge launches USDB, a developer-specific stablecoin. USDB is backed 1:1 by cash and BlackRock money market funds, has on-chain and off-chain security controls, and is easy to integrate through APIs. USDB supports seamless conversion with USDC, and developers can earn rewards from their balances. Currently, developers are using USDB to build treasury products, embedded accounts, and international payment functions.