Another stablecoin enters the market... but this one comes with yield!
@Tether_to co-founder Reeve Collins is back, this time launching Pi Protocol, a decentralized project set to introduce $USP, a stablecoin backed by bonds and real-world assets.
Unlike traditional stablecoins, $USP will let users earn yield via its $USI token, adding a new layer of utility to the space.
With stablecoins already dominating crypto transactions (surpassing Visa & Mastercard in volume last year), it’ll be interesting to see how $USP stacks up against $USDT, $USDC, and $USDe.
What’s your take: are yield-bearing stablecoins the future?
Let's continue the conversation in the comments! 👇

From X
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