Why USBD?
USBD is revolutionizing the stablecoin space by offering a Bitcoin-backed solution that integrates across multiple wallets, enables seamless staking, and provides cross-chain yield opportunities. With upcoming soft-pegs to key Latin American and Asian currencies, USBD is designed to simplify global remittances and financial transactions, bridging the gap between decentralized finance and traditional systems.
Wallet-Native Swap
Feature: Seamlessly swap BTC for USBD directly within popular wallets.
Partnerships with Wallet Platforms:
Leather, Xverse, and OKX Wallets: These partnerships allow users to convert their BTC into USBD directly within their wallets, ensuring easy access to a stable, Bitcoin-backed currency without the need for third-party exchanges.
Why It’s Important:
Simple and Accessible: This feature makes it incredibly easy for users to convert their BTC into a stablecoin, reducing friction and enhancing adoption for those new to decentralized finance.
Instant Stability: During market volatility, users can quickly convert BTC into USBD within their wallets, protecting their assets without leaving the Bitcoin ecosystem.
BTC Staking & Restaking with Babylon
Feature: Unlock the power of Bitcoin by staking or restaking it through Babylon’s platform, minting USBD and earning yield.
Babylon Staking Mechanism: Users can stake or restake BTC via Babylon’s Liquid Staked Tokens (LSTs), giving them the flexibility to either earn yield or mint USBD. This feature empowers Bitcoin holders to generate passive income while maintaining liquidity.
Why It’s Important:
Maximized Bitcoin Utility: With Babylon’s staking mechanism, Bitcoin holders can now actively earn yield, transforming BTC from a passive holding to an active investment.
Flexible Yield Options: Users can mint USBD for liquidity or earn yield through restaking, allowing them to balance stability and growth without leaving the BTC ecosystem.
Omni-Chain Vault for Yield & Credit
Feature: The Omni-Chain Vault offers customizable yield strategies and credit opportunities, giving users the flexibility to optimize returns across multiple blockchains.
Omni-Chain Vault: The upcoming V2 Vault enables users to stake USBD and access a variety of tailored yield strategies, from stable returns to credit-backed yield generation. This vault operates across chains, ensuring users can maximize yield in a flexible, capital-efficient manner.
Why It’s Important:
Cross-Chain Yield Opportunities: Users can take advantage of the Omni-Chain Vault’s capabilities to optimize returns across multiple blockchains, tapping into both yield and credit strategies.
Customizable Strategies: With flexible yield options, users can choose the risk profile that best suits them, offering stability for conservative holders or higher returns for those seeking growth.
Capital Efficiency: The vault ensures that users can earn passive yield on their USBD while still benefiting from Bitcoin’s liquidity, creating an optimal balance between stability and profitability.
Streamlined Remittances with Latin American & Asian Soft Pegs
Feature: Introducing Bitcoin-backed stablecoins with soft-pegs to various Latin American and Asian currencies, simplifying cross-border remittances.
Multi-Currency Soft Pegs: In addition to USBD, we are developing stablecoins pegged to key Latin American and Asian currencies. These pegs will allow users to send remittances more efficiently and cost-effectively by eliminating the need for traditional fiat systems.
Why It’s Important:
Focus on Emerging Markets: By targeting Latin American and Asian currencies, we’re addressing regions where remittances are critical but often costly and slow. USBD’s soft-pegged stablecoins offer a faster, cheaper alternative to traditional remittance systems.
Reduced Volatility: Users in these regions can avoid the fluctuations of Bitcoin’s price while enjoying the stability of a currency soft-pegged to their local currency.
Real-World Usability: These currency-pegged stablecoins are designed for everyday transactions, allowing users to send and receive payments without the hassle of converting back to fiat, making USBD a powerful tool for global remittances.
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