Paystand Launches Stablecoin on Bitcoin Layers for Global Business Finance

Paystand, a leading provider of business finance solutions, has made a significant announcement in the cryptocurrency space. The company has launched USDb, a stablecoin designed specifically for commercial-scale business finance on the Bitcoin network.

The stablecoin is backed by USD reserves and is native to two layers of Bitcoin: Blockstream's Liquid Network and Rootstock. This allows for seamless integration with existing business workflows and infrastructure.

Paystand aims to support over $100 trillion in B2B payments with this new development, positioning USDb as a key player in the global economy. The company has already established partnerships with various businesses and organizations, including Bitwage, which will serve as the initial minting partner and liquidity provider for USDb.

Paystand's CEO, Jeremy Almond, noted that USDb represents a significant milestone in the development of Bitcoin-based solutions for business finance. The company plans to expand its reach through partnerships with other businesses and infrastructure providers throughout 2026.