Boundary Labs launches institutional stablecoin USBD

Boundary Labs is preparing to launch USBD, a new institutional stablecoin designed for continuous onchain verification of reserves and performance. The startup has secured $2 million in pre-seed funding, led by Galaxy Ventures, with participation from First Block Capital and BlackWood. The stablecoin is slated to launch on Ethereum in early summer 2026. Boundary's approach emphasizes transparency and real-time auditing, aiming to build trust within the institutional crypto market. This move signals a growing trend of regulated and verifiable digital assets entering the financial landscape.