ChainThink reports that Sonic Labs has launched the network-native USD stablecoin USSD (US Sonic Dollar), positioned as the stable liquidity layer for the Sonic ecosystem.
USSD is built on the Frax Finance infrastructure and is 1:1 backed by U.S. Treasury assets issued by BlackRock, Superstate, and WisdomTree.
Sonic Labs Launches Native USD Stablecoin USSD Backed by U.S. Treasury Assets
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Summary
Sonic Labs has launched USSD, a native USD stablecoin backed 1:1 by U.S. Treasury assets from BlackRock, Superstate, and WisdomTree. Built on Frax Finance, USSD provides a stable liquidity layer for the Sonic ecosystem. This initiative supports ecosystem growth and aligns with the growing trend in real-world assets (RWA).
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