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🇺🇸🤝 Sonic Labs announced the #launch of a network-native U.S. dollar stablecoin, USSD (US Sonic Dollar), which will serve as the stable liquidity layer of the Sonic ecosystem. USSD is built on Frax Finance infrastructure and is backed 1:1 by U.S. Treasury assets issued by BlackRock, Superstate, and WisdomTree. #stablecoin
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