💲 Carbon launches dollar-pegged stablecoin

Following the recent release of Gemini Dollar and Paxos Standard, blockchain project Carbon has announced the release of its U.S. dollar pegged stablecoin CarbonUSD. The new token will be available to institutional accounts, hedge funds, traders, and exchanges at first thought the team notes that they are "actively pursuing" exchange listings for CarbonUSD. Carbon, which raised $2 million from firms like General Catalyst, Digital Currency Group, and FirstMark Capital, will use Prime Trust to facilitate fiat deposits for purchases of CarbonUSD.

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