Deribit has announced the launch of the US Yield Coin (USYC) from Hashnote as a new yield-bearing cross-margin collateral option. USYC, an ERC-20 token backed by reverse repurchase agreements on U.S. Government Securities, provides traders with a stable and flexible collateral option that generates daily yield. The assets are secured in a segregated account at […]
Source: https://news.bitcoin.com/deribit-launches-us-yield-coin-usyc-as-new-yield-bearing-cross-margin-collateral-option/
Deribit Launches US Yield Coin (USYC) as New Yield-Bearing Cross-Margin Collateral Option
