Bridge launches USDB stablecoin for developers, backed 1:1 by cash and BlackRock money market funds

The payment platform Bridge has launched a developer-specific stablecoin, USDB. USDB is backed 1:1 by cash and BlackRock money market funds, featuring on-chain and off-chain security controls, and is easy to integrate via API. USDB supports seamless conversion with USDC, allowing developers to earn rewards from their balances. Developers are already using USDB to build treasury products, embedded accounts, and international payment functions.