Users can convert eUSD to peUSD, which aims to be friendlier for high-frequency traders – a term that describes a wide range of automated trading firms, including market makers and other vital liquidity providers – that use decentralized finance protocols, said 0xP, Lybra’s pseudonymous head of commercial partnerships.
Related posts
-
How Tokenized Money Market Funds Dulled the Stablecoin Star
Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to... -
USDT Issuer Tether Unveils Asset Tokenization Platform ‘Hadron’
Tether’s ambition to venture into asset tokenization, a red-hot trend at the intersection of crypto and... -
SocGen Crypto Arm to Bring Its Euro Stablecoin EURCV to XRP Ledger, Expanding Beyond Ethereum, Solana
Stablecoins, which are cryptocurrencies with their price anchored to government-issued currencies, are increasingly popular for payments...