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Former Consensys employee launches new stablecoin amid regulatory uncertainty

Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives.

Stable.com, a fintech company co-founded by former Consensys employee Jack Jia, is launching a new 1:1-backed stablecoin developed “with a programmatic layer in mind.” The stablecoin, USD3, is set to launch on Ethereum, Polygon, Avalanche, and Linea.

USD3 aims to offer developers and businesses an interoperable method of transacting and simplified decentralized application (DApp) integration.

Speaking to Cointelegraph, co-CEO Jia elaborated upon the measures Stable.com is employing to ensure the security and trustworthiness of USD3:

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Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives.
Stable.com, a fintech company co-founded by former Consensys employee Jack Jia, is launching a new 1:1-backed stablecoin developed “with a programmatic layer in mind.” The stablecoin, USD3, is set to launch on Ethereum, Polygon, Avalanche, and Linea.USD3 aims to offer developers and businesses an interoperable method of transacting and simplified decentralized application (DApp) integration.Speaking to Cointelegraph, co-CEO Jia elaborated upon the measures Stable.com is employing to ensure the security and trustworthiness of USD3:Read more  

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