Galaxy-backed Boundary to launch ‘verifiable’ institutional stablecoin USBD
60-second summary
Galaxy-backed Boundary is launching 'verifiable' institutional stablecoin USBD on Ethereum in early summer 2026, having secured $2 million in pre-seed funding led by Galaxy Ventures. This move aims to provide a secure and transparent stablecoin solution for institutional investors, potentially increasing adoption and trust in digital assets, with implications for the broader cryptocurrency market's stability and growth.
The project has raised $2 million in pre-seed funding led by Galaxy Ventures and plans to launch USBD on Ethereum in early summer 2026.