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USSD - The new native stablecoin on Sonic!
With the latest partnership between @FraxFinance and @SonicLabs, they announced the new native stablecoin for the Sonic ecosystem called $USSD, built fully on top of Frax’s infrastructure and powered by their stablecoin $frxUSD.
Btw, the revenue of USSD, due to the T-Bill backing of $frxUSD, is used for $S buybacks. 👀
DYOR! So you may start by reading more about this topic by going through the blog post from Sonic Labs, which is linked below.
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