Kamino launches USD1, a USD-pegged stablecoin
Jinse Finance reported that Kamino announced on the X platform the launch of the USD1 stablecoin. USD1 is a US dollar-denominated stablecoin that can be exchanged 1:1 for US dollars and is 100% asset-backed, mainly by US government money market funds and cash equivalents. Kamino now supports lending operations using USD1 on Solana.
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.
You may also like
Ozzy: StepDrainer attack expands to multiple DeFi projects
The annualized deposit yield is 9.58%, Pendle launches its second ecosystem vault on Morpho.
France's fiscal outlook deteriorates as Fitch revises rating outlook to negative
Due to the deterioration of public finances, including slower growth, rising borrowing costs, and widening deficits, Fitch Ratings has revised France's credit rating outlook to negative.
Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization
As concerns about Wall Street's massive returns on tech giants' artificial intelligence investments continue to intensify, Apple surpassed Nvidia on Friday to once again become the world's most valuable publicly traded company.
Crypto prices
More
