The post US Sonic Dollar: Network-native stablecoin with reserves appeared on BitcoinEthereumNews.com.

Sonic Labs has launched the US Sonic Dollar as a network-native stablecoin, integrating US Sonic Dollar into its ecosystem to deepen liquidity and expand on-chain dollar access. Sonic Labs launches institutional-grade stablecoin on Sonic USSD, the US Sonic Dollar, is now live on the Sonic network as an integrated dollar asset. Sonic Labs announced the deployment of this permissionless, zero-fee stablecoin, positioning it as core infrastructure for the ecosystem. The asset is built on Frax Finance‘s frxUSD infrastructure and is backed 1:1 by U.S. Treasury bills. However, its reserves are not held directly but via tokenized Treasury products issued by BlackRock, Superstate, and WisdomTree. Available across more than 10 chains at launch, USSD is designed to anchor stable liquidity throughout Sonic. Moreover, it functions as the network’s core dollar primitive, giving developers a single, reliable unit of account for DeFi activity. Institutional reserves and network-native design Sonic Labs created USSD to address a persistent challenge in decentralized finance: when stablecoins originate off-network, trading, lending, and settlement often migrate away as well. A native stablecoin helps keep that economic activity on Sonic. By offering a shared dollar base on-chain, USSD enables every protocol on Sonic to build around one unified USD primitive. That said, the design aims to reduce fragmentation and deepen liquidity across applications rather than compete directly with existing stablecoins. The reserve structure behind USSD mirrors the framework used by Frax for its own stable assets. Reserves consist of short-duration, tokenized U.S. Treasury products, including BlackRock’s BUIDL, Superstate’s USTB, and WisdomTree’s WTGXX. These instruments are custodied with regulated providers to support redemption confidence and regulatory alignment. Moreover, the use of established issuers such as BlackRock, Superstate, and WisdomTree places USSD alongside institutional-grade on-chain products. Sonic Labs shared the announcement on social media, stating: “Introducing USSD, the US Sonic Dollar.…

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Filed under: News - @ March 10, 2026 1:25 pm