Platypus Launches Native Stablecoin USP

Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users. USP also resolves long-running collateral issues associated with stablecoins. The native Platypus Finance stablecoin has been designed to reduce the liquidity fragmentation and scattered assets that are endemic to many protocols. https://www.youtube.com/watch?v=Zg_5fh6lnH4 USP is pegged to the US dollar, operating as an overcollateralized stablecoin that provides a layer of security in cases of depegging with its unique Adaptive…