USDb Overview

Bitena is a pioneer in the Bitcoin ecosystem, capable of creating and redeeming Delta-neutral synthetic dollars, USDb, which represents the first fully-backed, on-chain, scalable, and censorship-resistant form of currency. The support mechanism for USDb enables the realization of the first "Internet Bond," offering a crypto-native, dollar-denominated appreciative instrument derived from the returns on pledged assets (used within the support scope), as well as capital and basis markets available in perpetual and futures trading. This innovative mechanism introduces new possibilities for the financial markets, providing more options for users and driving further development within the cryptocurrency ecosystem.