Solayer Labs Launches First Treasury Bills-backed and Yield-bearing Restaking Stablecoin On Solana Network Dubbed sUSD (Solayer USD)
The Solayer Labs’ sUSD is backed by United States short-term Treasury Bills (T-Bills) and is pegged to the US dollar. In addition to payments, sUSD can be used across different Solana’s DeFi platforms. The holders of sUSD will earn up to 4 percent yield that is distributed automatically to users Solana (SOL) network-based, Solayer Labs,…