OpenEden's cUSDO will be listed on Solana, fully collateralized by tokenized US Treasury bonds.
TL;DR
OpenEden's cUSDO, a yield-generating stablecoin fully backed by tokenized U.S. Treasury bonds, will be listed on Solana. It will be integrated into DeFi pools and markets, offering on-chain access to Treasury yields and protocol returns.
Tags
According to Foresight News , cUSDO, launched by the RWA platform OpenEden, will be listed on Solana. cUSDO is a packaged, composable version of USDO, a regulated yield-generating stablecoin from OpenEden, fully backed by tokenized U.S. Treasury bonds. Every cUSDO circulating on Solana is fully collateralized by tokenized U.S. Treasury bonds that are verifiable on-chain and held by qualified custodians such as BitGo and Coinbase Prime.
cUSDO will initially be integrated into stablecoin exchange pools, lending markets, and yield markets, enabling Solana participants and protocols to access a productive underlying asset that allows them to earn both Treasury yields and protocol-level returns. Furthermore, cUSDO will introduce a truly on-chain risk-free rate on Solana that is pegged to regulated U.S. Treasury yields.