I misread this as purely a policy initiative. It's a shitcoin. DIAF.

h/t @npub1e26dzyg9hp5lgzf9wrpph6ux3884yxmn55pd4rxzr5exne56fsyskmnj8p

"USABTC will be pegged Bitcoin on a Layer 2 solution, such as Stacks, to ensure secure and efficient transactions."