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Stably Launches USD-Backed Stablecoin as BRC20 Token on Bitcoin Network

Stably is launching its USD-backed stablecoin, Stably USD, as a BRC20 token under the symbol #USD. The move is aimed at revolutionizing the Bitcoin ordinals market and is a critical milestone in the growing Bitcoin ordinals ecosystem. Each #USD token is backed 1-to-1 with USD in a collateral account managed by a US-regulated custodian for KYC/AML-verified token holders. Stably's mission is to provide a seamless fiat-to-crypto and stablecoin onramp to all popular and emerging blockchain networks. However, it is important to note that digital assets come with significant risks and it is advised to conduct thorough research and understand potential risks before purchasing/holding them.

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