[Stablecoin Developer Standard Money Completes $8 Million Strategic Financing, Led by Yzi Labs] According to CoinDesk, Standard Money, the developer of the BNB Chain ecosystem stablecoin USDsd, has completed $8 million in strategic financing, led by Yzi Labs, with participation from institutions such as Gate.io, Crypto.com, and Animoca Brands. It is reported that USDsd is a yield-focused algorithmic stablecoin based on the stablecoin USDT. The funds raised will be used to support the launch of Standard Money's mainnet, expand its liquidity partnerships, and grow its global business.