Perena launches compliant stablecoin USD', fully adheres to the GENIUS Act
Foresight News reports that decentralized stablecoin infrastructure Perena has launched a new US dollar stablecoin, USD’, which is 100% regulated in the United States and issued by Brale. USD’ is now live on the Solana mainnet. The stablecoin 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 regulatory compliance. Perena stated that USD’ will serve as the foundational asset for its Stablebank Network, facilitating both on-chain and off-chain capital flows and driving compliant and innovative development in crypto finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Axelar launches open-source framework AgentFlux, bringing AI agents on-chain and mitigating cloud risks
Solana ecosystem DeFi protocol Drift launches v3 version, trading speed increases by 10 times
Russia’s second largest bank VTB recommends allocating 7% of assets to bitcoin and cryptocurrencies
WisdomTree launches the first fully staked Ethereum ETP backed by stETH
Trending news
MoreCrypto prices
More
