Bound
Stablecoin protocol based on Bitcoin
Bound
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Bitcoin-based stablecoin protocolBound is a stablecoin protocol based on Bitcoin. Reserves are held transparently onchain in a diverse basket of dollar-backed stablecoins from reputable issuers. Usesr can mint or redeem bUSD 1:1 for any supported dollar-backed stablecoin. Smart contract vaults on external networks are used for instant onchain liquidity 24/7.