Universal Protocol Alliance Announces the Launch of A Dollar-Backed Stablecoin

Source: Coindoo, originally published on .

https://coindoo.com/universal-protocol-alliance-announces-the-launch-of-a-dollar-backed-stablecoin/.

The Universal Protocol Alliance, whose membership comprises Uphold, Cred, Blockchain at Berkeley and FBG Capital, recently announced the launch of a USD-backed stable currency. The announcement was made yesterday at San Francisco Blockchain Week. The stablecoin dubbed “Universal Dollar” or UPUSD will be collateralized 1-to-1 with USD. It will facilitate access to benefits such as […]

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