BIMA, a decentralized finance (DeFi) platform focused on Bitcoin (CRYPTO: BTC)-backed stablecoins, announced on Monday the launch of real-yield vaults for its USBD stablecoin in collaboration with Bracket, a DeFi strategy provider supported by Binance Labs.
The partnership will allow BIMA users to access on-chain yield strategies without selling its Bitcoin.
Bracket’s infrastructure will power these vaults, offering secure, policy-managed smart contracts, institutional-grade accounting, and verified net asset value reporting.
USBD is a Bitcoin-backed stablecoin that is over-collateralized by Bitcoin derivatives and offers a capital-efficient structure. Unlike traditional stablecoins such as USDC (CRYPTO: