Perena launches compliant stablecoin USD', fully aligned with the requirements of the GENIUS Act

ChainCatcher reports that Perena has officially launched a new US dollar stablecoin, USD’, which is 100% regulated in the United States and issued by Brale. It is now live on the Solana mainnet. USD’ is fully compliant with the GENIUS Act, redeemable 1:1 for US dollars, and backed by assets from Franklin Templeton’s BENJI and Superstate’s USTB. It can be directly exchanged with USDC and various mainstream stablecoins. USD’ supports Solana’s confidential transfer feature, balancing privacy and compliance.

Perena stated that USD’ will serve as the foundational asset of its Stablebank Network, facilitating on-chain and off-chain capital flows and driving compliant and innovative development in crypto finance.