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Solayer and OpenEden launch sUSD, a yield-generating stablecoin backed by US Treasury bonds, on Solana.
PANews reported on October 30 that Solana's ecosystem once again stakedprotocol Solayer and RWA project OpenEden announced the launch of an interest-bearing stablecoin backed by US Treasury bonds on Solana. The stablecoin, called sUSD, is the first of many tokenization real-world assets (RWA) that Solayer plans to launch on Solana. Solayer stated: "Anyone with just $5 can access tokenization of real-world assets, starting with US Treasury bonds."