The LitFinancial team at its headquarter in Troy, Michigan. This article was originally published by CoinDesk on September 10, 2025. Developed with Brale and Stably, litUSD aims to cut costs, improve treasury management and potentially used for on-chain settlement of mortgage payments. What to know: LitFinancial rolled out its U.S. dollar stablecoin on the Ethereum blockchain to enhance funding and treasury operations. LitUSD is backed 1:1 with cash reserves and aims to revo

Stably introduces stablecoin development and advisory services for institutions and enterprises.