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BTC $81,129.09 +0.53%
ETH $2,317.35 +1.46%
BNB $683.03 +3.63%
XRP $1.46 +0.56%
SOL $95.67 +0.19%
TRX $0.3503 +0.28%
DOGE $0.1127 +2.98%
ADA $0.2756 +0.36%
BCH $440.23 -1.01%
LINK $10.72 +4.05%
HYPE $40.13 -2.42%
AAVE $99.25 +0.72%
SUI $1.24 -1.67%
XLM $0.1649 -0.15%
ZEC $554.41 +0.44%

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The stablecoin company Boundary will launch a verifiable institutional-grade stablecoin USBD

According to market news, Boundary Labs, a stablecoin startup led by Galaxy Ventures under Galaxy Digital, announced that it is preparing to launch an institutional stablecoin USBD and has completed a $2 million seed pre-financing.It was introduced that this round of financing also attracted participation from institutions such as First Block Capital and BlackWood. Boundary Labs was founded by former Deutsche Bank and Digital Currency Group executive Matthew Mezger. USBD will be deployed on the Ethereum network, focusing on the concept of "verifiable stablecoins," attempting to reduce the reliance of traditional stablecoins on off-chain audits and trust mechanisms through continuous on-chain verification of reserves, net asset value (NAV), and protocol operational status.The project team stated that USBD is designed with over-collateralization and hedging strategies to reduce market volatility risks and shift the stablecoin infrastructure from a "trust-driven" model to a "verifiable financial system." Additionally, Boundary plans to launch a staking token sUSBD for distributing protocol earnings under a delta-neutral DeFi strategy, but USBD itself does not provide yield functionality.The team indicated that the protocol is primarily aimed at asset management institutions, hedge funds, and family offices, and plans to officially launch the mainnet in early summer 2026.

BTC breaks through the $80,000 mark, Gate institutions promote infrastructure to support the layout of "core assetization."

This week, the cryptocurrency market has reached a critical turning point, with market sentiment significantly improving. BTC successfully broke through $82,000, reaching a nearly three-month high, and firmly established a key support level at $81,000.On May 5, the U.S. spot BTC ETF recorded a net inflow of $467 million, with BlackRock contributing $251 million; on May 6, the ETH ETF also saw inflows exceeding $170 million for three consecutive days. The continued strength in capital indicates that institutional allocation has shifted from "experimental attempts" to strategic "core asset allocation."Against this backdrop, Gate has continuously optimized its institutional-level service system. With the SuperLink architecture and excellent cross-platform capital scheduling capabilities, Gate provides high-performance matching and deep liquidity support for institutional investors. To address the core demands of professional investors for compliance, security, and asset diversification, the platform offers a one-stop custody solution covering crypto assets, CFD contracts, perpetual contracts, and spot tokens.At the same time, Gate has built a comprehensive derivatives matrix covering stocks, metals, indices, foreign exchange, and commodities, helping global institutions achieve efficient strategy execution and risk management in a structural bull market.
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