I didn’t expect that the real-world credit stablecoin would launch on $ADA first?
On 10/1, RealFi launched USDrf, which can also be staked into sUSDrf to earn combined yields, backed by assets like government bonds and money market funds. Most retail users will probably go through DEXs, while only institutions have whitelist-based redemption. Honestly, the story is pretty full, but the default and run-on-the-bank test hasn’t been proven yet. Perpetuals dropped by a little over 4%, with trading volume exceeding 200 million, so it’s fine to wait and watch first.
What do you think about this stablecoin launch, $ADA ? Feel free to leave a comment.
On 10/1, RealFi launched USDrf, which can also be staked into sUSDrf to earn combined yields, backed by assets like government bonds and money market funds. Most retail users will probably go through DEXs, while only institutions have whitelist-based redemption. Honestly, the story is pretty full, but the default and run-on-the-bank test hasn’t been proven yet. Perpetuals dropped by a little over 4%, with trading volume exceeding 200 million, so it’s fine to wait and watch first.
What do you think about this stablecoin launch, $ADA ? Feel free to leave a comment.
