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Bitcoin.com 2024-04-16 12:21:21

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining peg via transparent, onchain trading techniques developed by Umoja. Merlin Chain and Umoja Reveal USDb: The New High-Yield Synthetic Dollar

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