Solayer Labs' income-based stablecoin sUSD is integrated into the Plume RWA protocol ecosystem, opening up an on-chain channel for government bond returns
交易员小帅2025/02/18 06:22
On February 17th, Solayer Labs, the publisher of
Solana's income-generating stablecoin, announced that its interest-bearing stablecoin sUSD has officially joined the RWA protocol ecosystem and staking platform NestCredit under Plume Network. As an income-generating stablecoin supported by US Treasury bonds on the Solana chain, sUSD achieves real-time income distribution by anchoring the underlying assets of government bonds, providing institutional-level custody and low-risk income exposure for on-chain users.
This integration focuses on three core functions: enabling permissionless on-chain treasury bond yield access through the Plume ecosystem, improving price discovery efficiency based on inter-protocol liquidity pools, and building an interactive channel connecting traditional financial assets with DeFi applications. Solayer Labs clarified in the announcement that the access to sUSD will prioritize serving the underlying asset module of the NestCredit staking protocol, providing a verifiable yield generation mechanism for the RWA market.
The Plume Network development team added that the cooperation between the two parties aims to open up a compliance deposit path for institutional capital, while promoting the large-scale application of on-chain RWA through a sustainable real income model.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Jan3 CEO: Bitcoin Price May Be ‘Artificially’ Suppressed
Bitget•2025/02/20 14:14
FxPro Analyst: Crypto Markets Not Yet Attracting Low Buyers and Counter-Trend Traders
Bitget•2025/02/20 14:06
In order to receive the airdrop users have to pay 0.0015 ETH on-chain fee
Bitget•2025/02/20 13:23
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$97,136.49
+1.31%

Ethereum
ETH
$2,735.49
+1.61%

XRP
XRP
$2.7
+4.21%

Tether USDt
USDT
$1
+0.08%

BNB
BNB
$650.33
-0.23%

Solana
SOL
$173.14
+2.42%

USDC
USDC
$1
+0.04%

Dogecoin
DOGE
$0.2533
+0.77%

Cardano
ADA
$0.7875
+4.38%

TRON
TRX
$0.2410
-0.13%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now