stablecoin

Novi and Diem (Formerly known as Libra) underline the fact that Facebook simply doesn’t understand Bitcoin, and continues to flounder on delivering even its own stablecoin project, or a single NFT.

Soteria’s forthcoming stablecoin, USDS, is expected to maintain value pegged to the U.S. dollar and be redeemable for bitcoin.

This expansion will add to its offerings in 46 states of the United States, something that required “quite a bit of work,” according to CEO Zac Prince.