Altcoins
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There are already 25,000 BRC20 tokens in the network. But only now will the first stablecoin pegged to the dollar be launched. We will tell you who launches and why it is needed.
There are 24,677 BRC20 tokens in the Bitcoin network. Their capitalization is $450 million. You may have heard of some – Pepe, Ordi, Meme. Yes, mostly Bitcoin network tokens are comic.
BRC20 standard launched in March. At the end of May, Stably announced the launch of a dollar-denominated stablecoin, the first for the BTC network.
Stably is a SCaaS service provider, or Stablecoin-as-a-Service.
The market is actively trading BRC20 and Ordinal NFT tokens. The appearance of a stablecoin will make trading easier and reduce volatility.
Stably USD, or #USD – this is the name of the first stable on bitcoin. The reserves account will be managed by a custodian approved by US regulators. Access to the coin – customers who have passed KYC / AML.
#Stably #launches #stablecoin #Bitcoin #network
