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Stabolut

Bitcoin-backed stablecoin

Stabolut

Stabolut

@Stabolut

Followers722
Following582
Influence Index29

Related News

Stabolut Launches New Bitcoin-backed, Decentralized Stablecoin, USB

Businesswire2023-04-14

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About Stabolut

Founded2022

Stabolut is building an innovative global payments ecosystem. In September 2022, they embarked on the development of USB, a Bitcoin-backed stablecoin designed to reflect the value of the US Dollar through an innovative method: shorting Bitcoin via a Bitcoin inverse perpetual swap. Asset-backed USB eliminates the need for bank accounts, ensuring immunity from crackdowns or frozen funds, and bolstering complete privacy and resilience.

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Team Members

Eneko Knorr
Eneko Knorr

Co-founder & CEO