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3232Deribit Launches US Yield Coin (USYC) as New Yield-Bearing Cross-Margin Collateral Option
https://www.digit.info/deribit-launches-us-yield-coin-usyc-as-new-yield-bearing-cross-margin-collateral-option/
Thu, 10 Oct 2024 23:01:22 +0000https://www.digit.info/deribit-launches-us-yield-coin-usyc-as-new-yield-bearing-cross-margin-collateral-option/Read more]]>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 […]
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 […]
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