Boundary today announced the closing of a $2 million pre-seed funding round to launch the USBD stablecoin on May 11, 2026. This new token runs on the Ethereum network and is primarily backed by investment firm Galaxy Ventures.
Venture capital firms Blackwood and FirstBlock Capital also joined the venture, along with other institutional financial partners, Boundary reported. This stablecoin is focused on institutional investors who require a real-time audit system.
Boundary’s proposal arose in response to the limitations of transparency in current stablecoin models. “Without real verification, there can be no real trust. This is essential to the security, stability, and scalability of this space,” the company claimed. In the current environment, financial institutions are forced to rely on issuer statements without being able to verify the underlying assets..
To resolve this conflict, the protocol allows for continuous verification of its reserves and its performance on the network.
The company promises that the system will allow agencies to no longer rely solely on external reports, which can take weeks to publish. “The current stablecoin landscape is forcing many institutions to rely on trust rather than dealing with verifiable instruments and reserves,” the company said.
However, it is worth clarifying in your press release that: It does not explain how this audit function is performed or why the data provided should be trusted.
Entry of new users into the ecosystem is restricted through controlled access decentralized applications (dApps). “Access will be facilitated through a dedicated dApp designed for strict KYC and KYB workflows,” the company explained. These processes, known in Spanish as “know your customer” and “know your business,” are a set of regulatory requirements. Applied by financial companies around the world to facilitate customer identificationdescribed by Criptopedia, the education section of CriptoNoticias.
Finally, Boundary co-founder Matthew Mezger emphasized that this professional infrastructure is key to long-term growth. With Galaxy’s backing, the company predicts the stablecoin’s capitalization will reach $100 million in 2026 (based on current value, it would be among the top 10 fiat-backed stablecoins).
As seen in the image above, the 10th place among fiat-backed stablecoins is currently occupied by Gemini Dollar (GUSD) with a market capitalization of $40 million.
(Tag to translate) Altcoin
