Bitcoin’s first dollar-backed stablecoin
Save, Spend and Invest on Bitcoin.
Save money and earn yield paid in Bitcoin
Deposit your dollars into USDB and then stake it to earn Bitcoin. The interest generated by the reserves backing USDB is used to purchase Bitcoin, which is then deposited directly into your wallet.
Spend USDB globally
Bound is built on Bitcoin, the world’s most decentralized and censorship-resistant blockchain, giving you the ability to transact with anyone, anywhere at any time.
The base currency for investing
USDB allows you to hold your money in a stable, non-volatile asset, when trading on Bitcoin. No matter what stage you’re at in your investment journey, you can be confident you won’t lose your purchasing power.
Always redeemable for $1
USDB is backed fully by cash, cash equivalents and established stablecoins.
It can always be minted using fiat USD and trusted stablecoins, or redeemed 1:1 for its highly liquid reserves. Smart contract vaults on external networks are used for instant onchain liquidity 24/7.
Transparent & secure reserves
USDB is issued by Bound as a bitcoin rune on bitcoin mainnet. It’s mintable and redeemable using fiat USD and trusted stablecoins, while smart contract vaults on other networks are used for instant onchain liquidity 24/7.
Reserves are held offchain in a segregated trust domiciled in the United States and statements of trust assets are published on a monthly basis for transparency.
Designed for the Bitcoin ecosystem
For BTCFi and Bitcoin execution environments / L2s to flourish, a fiat-backed stablecoin is an essential building block.
Bound’s USDB enables Bitcoin L2s to use their native bitcoin bridge for stablecoin liquidity, provides stability for algorithmic and CDP stablecoins and can be used as a safe, reliable collateral for DeFi primitives.
