The Solana platform has launched sUSD (Solayer USD), the first stablecoin of its kind backed by US Treasury bonds. The first synthetic RWA
Solayer created this interesting stablecoin in partnership with OpenEden, the first and only tokenized asset platform with credit rating «A» from Moody’s. OpenEden has raised more than $150 million in institutional liquidity on Ethereum.
The sUSD stablecoin (Solayer USD) is based on the Solayer RFQ (Request for Quote) protocol, a fully automated marketplace that matches USDC offers with qualified tokenizers.
The sUSD is expected to become a stable basis for decentralized financial protocols on Solana, reducing risks for borrowers and contributing to lower interest rates. This coin is well-positioned to attract new users to the Solana ecosystem thanks to the opportunity to generate stable income with low risk.
Source: Solayer
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