Deribit Launches US Yield Coin (USYC) as New Yield-Bearing Cross-Margin Collateral Option

By Blockchain Super Radar On Oct 10, 2024

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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 […]