Umoja Releases USDb Stablecoin on Bitcoin-based Merlin Chain

USDb will leverage Merlin Chain’s resource-efficient, scalable and secure transaction layer to advance the DeFi ecosystem of Bitcoin and enrich it with a novel use cases., a new-generation"smart money" protocol, has forged a long-term strategic alliance with the leading Bitcoin layer-2 network Merlin Chain. As a result, USDb, the first Bitcoin high-yield synthetic dollar, is set to go live on Merlin.

I chose Merlin not only for these reasons, but also because the most decentralized, accessible, lowest risk and highest-yielding money will become the most adopted – and such money can only be built on Bitcoin.

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