Stablecoins on BounceBit (BBUSD)

Only Token Address (BSC, ETH, BB): 0x77776b40C3d75cb07ce54dEA4b2Fd1D07F865222

Remember to add your token to your wallet to see the balance: https://support.metamask.io/managing-my-tokens/custom-tokens/how-to-display-tokens-in-metamask/

Stablecoins from various EVM-compatible Chains can be bridged into the BounceBit ecosystem. Most notably, FDUSD on Binance Smart Chain (BEP20) and USDT on Ethereum are supported. BounceBit aims to support all sound stablecoins.

Once transferred, these tokens are uniformly mapped and represented as BBUSD within BounceBit, ensuring consistency and ease of use across the platform. Cross-chain transfer of stablecoins is handled by bridges.

Role of BBUSD

BBUSD acts as an additional ecosystem token to BounceBit. It serves as liquid and versatile currency on the BounceBit platform. It can be used in various applications and infrastructure, as medium of exchange or store of value

BBUSD is the Liquid Custody Token (LCT) of FDUSD & USDT on BounceBit chain, it can be seen as wrapped version of those stablecoins.

If you want to learn more about Liquid Custody follow this link:

💧Liquid Staking