Bitcoin Set to Get Native USDB Stablecoin Backed by US Dollars This Summer
Bitcoin, hailed as the “world’s hardest currency,” is about to witness a major milestone in its journey to developing its native financial ecosystem. For the first time, a stablecoin backed directly by US dollars will be issued on the Bitcoin platform itself, without relying on bridges, intermediaries, or wrapped assets. The stablecoin, called USDB, was developed by Flashnet and launched on the Spark network, a layer-2 layer for Bitcoin, in partnership with Brale and trading platform Magic Eden.
USDB Bitcoin’s First Fiat-Backed Stablecoin
While networks like Ethereum and Solana have thrived on stablecoins like USDC, USDT, and DAI, Bitcoin, despite its trillion-dollar market cap, lacks a truly native stablecoin, forcing many traders and developers to leave the ecosystem and look elsewhere for financial solutions.
USDB is here to change that. It is the first stablecoin fully backed by the US dollar, managed and issued by Brale, a US-licensed financial institution. It will run on Spark, a layer-2 network designed to extend Bitcoin’s financial functionality while remaining secure, transparent, and bridgeless.
According to Ethan Marcus, CEO of Flashnet:
“USDB is the first stablecoin on Bitcoin that is backed by a real fiat asset. It is not a wrapped asset, nor a synthetic product – it is real US dollars on the Bitcoin blockchain.”
Core Benefits of USDB for the Bitcoin Ecosystem
USDB is not just a regular stablecoin, but a platform that opens up a range of essential financial features that were previously not possible on Bitcoin layer-1.
For traders: USDB facilitates the establishment of native BTC-USDB trading pairs directly on Bitcoin, eliminating the need for bridges, centralized exchanges, or other blockchains. Users can quote in dollars, trade easily, and take profits without moving to Ethereum or Solana.
For institutions: Investment funds, businesses, or organizations can manage risk, operate treasuries, and hedge volatility directly with USDB, without taking assets off the Bitcoin network. This creates efficient, auditable, and secure financial governance on the world’s most powerful base layer.
For developers: USDB provides a native dollar financial layer for building decentralized applications (dApps), smart contracts, or financial services on Spark. Developers can easily integrate USDB into payment tools, decentralized exchanges (DEXs), or DeFi platforms without switching to another network.
Marcus further emphasized:
“Users are not pricing products or services in BTC. With USDB, they can hold BTC as a store of value, but use USDB to trade, price, and operate in the same way that gold is backed by dollars.”
Magic Eden to Distribute and Integrate USDB
To ensure liquidity and market presence from day one, USDB will be distributed and integrated directly into the Magic Eden trading platform, one of the largest NFT and DeFi exchanges supporting Bitcoin. Magic Eden will support USDB on both the web and mobile app, and will also deploy BTC/USDB liquidity pairs on Spark, making it easy for users to switch between BTC and USDB without the need for external exchanges.
Chris Akhavan, Chief Business Officer of Magic Eden, shared:
“We are excited to be a strategic partner in the journey to expand Bitcoin DeFi. USDB is the missing piece to make Bitcoin a comprehensive financial platform.”
These liquidity pools not only facilitate trading, but also open up the opportunity for liquidity providers to generate principal returns in BTC, something that was previously almost impossible to do directly on Bitcoin.
Reimagining Native Finance on Bitcoin
The launch of USDB marks a major turning point for the Bitcoin ecosystem. It represents a combination of the security, decentralization, and immutability of the Bitcoin base layer with the stability, utility, and high liquidity of the US dollar.
Flashnet, Brale, and Magic Eden are not just releasing a new stablecoin; they are building the foundation for a completely native financial system where users can hold BTC, trade in USDB, and interact with financial applications without leaving the Bitcoin ecosystem.
In the near future, the combination of BTC and USDB could create lending, savings, margin trading, NFTs, and more, all secured by the most powerful underlying layer of the global blockchain.
The stablecoin is expected to launch in late summer 2025, and is expected to be the starting point for the Bitcoin-native DeFi boom that the crypto community has been waiting for for more than a decade.
Bitcoin, hailed as the “world’s hardest currency,” is about to witness a major milestone in its journey to developing its native financial ecosystem. For the first time, a stablecoin backed directly by US dollars will be issued on the Bitcoin platform itself, without relying on bridges, intermediaries, or wrapped assets. The stablecoin, called USDB, was developed by Flashnet and launched on the Spark network, a layer-2 layer for Bitcoin, in partnership with Brale and trading platform Magic Eden.
USDB Bitcoin’s First Fiat-Backed Stablecoin
While networks like Ethereum and Solana have thrived on stablecoins like USDC, USDT, and DAI, Bitcoin, despite its trillion-dollar market cap, lacks a truly native stablecoin, forcing many traders and developers to leave the ecosystem and look elsewhere for financial solutions.
USDB is here to change that. It is the first stablecoin fully backed by the US dollar, managed and issued by Brale, a US-licensed financial institution. It will run on Spark, a layer-2 network designed to extend Bitcoin’s financial functionality while remaining secure, transparent, and bridgeless.
According to Ethan Marcus, CEO of Flashnet:
“USDB is the first stablecoin on Bitcoin that is backed by a real fiat asset. It is not a wrapped asset, nor a synthetic product – it is real US dollars on the Bitcoin blockchain.”
Core Benefits of USDB for the Bitcoin Ecosystem
USDB is not just a regular stablecoin, but a platform that opens up a range of essential financial features that were previously not possible on Bitcoin layer-1.
For traders: USDB facilitates the establishment of native BTC-USDB trading pairs directly on Bitcoin, eliminating the need for bridges, centralized exchanges, or other blockchains. Users can quote in dollars, trade easily, and take profits without moving to Ethereum or Solana.
For institutions: Investment funds, businesses, or organizations can manage risk, operate treasuries, and hedge volatility directly with USDB, without taking assets off the Bitcoin network. This creates efficient, auditable, and secure financial governance on the world’s most powerful base layer.
For developers: USDB provides a native dollar financial layer for building decentralized applications (dApps), smart contracts, or financial services on Spark. Developers can easily integrate USDB into payment tools, decentralized exchanges (DEXs), or DeFi platforms without switching to another network.
Marcus further emphasized:
“Users are not pricing products or services in BTC. With USDB, they can hold BTC as a store of value, but use USDB to trade, price, and operate in the same way that gold is backed by dollars.”
Magic Eden to Distribute and Integrate USDB
To ensure liquidity and market presence from day one, USDB will be distributed and integrated directly into the Magic Eden trading platform, one of the largest NFT and DeFi exchanges supporting Bitcoin. Magic Eden will support USDB on both the web and mobile app, and will also deploy BTC/USDB liquidity pairs on Spark, making it easy for users to switch between BTC and USDB without the need for external exchanges.
Chris Akhavan, Chief Business Officer of Magic Eden, shared:
“We are excited to be a strategic partner in the journey to expand Bitcoin DeFi. USDB is the missing piece to make Bitcoin a comprehensive financial platform.”
These liquidity pools not only facilitate trading, but also open up the opportunity for liquidity providers to generate principal returns in BTC, something that was previously almost impossible to do directly on Bitcoin.
Reimagining Native Finance on Bitcoin
The launch of USDB marks a major turning point for the Bitcoin ecosystem. It represents a combination of the security, decentralization, and immutability of the Bitcoin base layer with the stability, utility, and high liquidity of the US dollar.
Flashnet, Brale, and Magic Eden are not just releasing a new stablecoin; they are building the foundation for a completely native financial system where users can hold BTC, trade in USDB, and interact with financial applications without leaving the Bitcoin ecosystem.
In the near future, the combination of BTC and USDB could create lending, savings, margin trading, NFTs, and more, all secured by the most powerful underlying layer of the global blockchain.
The stablecoin is expected to launch in late summer 2025, and is expected to be the starting point for the Bitcoin-native DeFi boom that the crypto community has been waiting for for more than a decade.