Foresight News reports that the full-chain Rollup L1 network Initia has launched its native stablecoin, iUSD. iUSD is backed by Agora’s AUSD and bridged cross-chain to Initia via LayerZero. The official statement says that unlike other stablecoins where the yield belongs to the issuer, iUSD will flow back into the ecosystem. Users can provide liquidity for the iUSD-USDC and INIT-iUSD trading pools on Initia DEX; lend out iUSD on Echelon (coming soon); and deposit iUSD into The Cabal treasury (coming soon).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Lighter launches a liquidity partnership program, offering rewards to LPs of RWA assets
Gate News message, on April 14, Lighter officially announced the launch of a Liquidity Partner Program, which will reward users who provide liquidity for RWA assets on the platform. The RWA asset categories covered by the program include crude oil, precious metals, U.S. stocks, and more.
GateNews41m ago
Fight Back Against Quantum Attacks! Industry Proposes 2 Major Solutions: Bitcoin Wallet Rescue Tools, and a No-Soft-Fork QSB Plan
The article discusses the threat that quantum computers pose to Bitcoin’s cryptographic technology, especially the vulnerabilities of ECDSA and Schnorr signatures. To address these issues, developers have proposed a wallet ownership proof tool that does not expose seeds and a “quantum-safe Bitcoin” transaction scheme. The former does not affect system operation while safeguarding users’ assets, and the latter avoids changing core rules to fend off quantum attacks. Although these technologies are still being refined, they have improved Bitcoin’s ecosystem’s ability to respond to future threats.
区块客2h ago
Aave DAO Approves $25M Funding Package for Aave Labs in Binding Vote
Aave DAO has approved a $25 million funding package for Aave Labs under the "Aave Will Win" framework, securing 75% support after prior governance tensions. The grant includes a tiered allocation and extended vesting period, signaling long-term collaboration.
CryptoNewsFlash3h ago
Polymarket Prepares pUSD Rollout and Protocol Upgrade to Cut Failed Trades
Polymarket's protocol upgrade introduces pUSD, a USDC-backed collateral token on Polygon, enhancing order management, reducing failed trades, and lowering gas costs. The update aims for a smoother user experience while improving trading architecture and security.
CryptoNewsFlash8h ago
