Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin
Crypto News

Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin

The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin usd coin (USDC). The stablecoin, backed by SOL-based liquid staking derivatives (LSDs), is […]

Related posts

Block Unveils Bitcoin Conversion Feature for Square Merchants 

Gerald Hoffman

Terraform Labs Co-Founder Do Kwon Arrested in Montenegro, Says Interior Minister – EdaFace News

Gerald Hoffman

Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’ – Economics EdaFace News

Gerald Hoffman

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More