Ozean Integrates USDM into Oxygen Liquidity Layer
Ozean has integrated USDM, a regulated, yield-bearing stablecoin by Mountain Protocol, into its Oxygen (O2) liquidity layer.
USDM offers 5% APY and maintains its peg through US Treasury bill-backed reserves.
Institutional backing includes BlackRock’s BUIDL fund and investors like Coinbase Ventures and Multicoin Capital.
O2 facilitates liquidity through RWAs, tokenized treasuries, and yield-bearing tokens, enhancing DeFi compliance and efficiency.
https://x.com/ClearpoolFin/status/1862119773259386890
Ozean has integrated USDM, a regulated, yield-bearing stablecoin by Mountain Protocol, into its Oxygen (O2) liquidity layer.
USDM offers 5% APY and maintains its peg through US Treasury bill-backed reserves.
Institutional backing includes BlackRock’s BUIDL fund and investors like Coinbase Ventures and Multicoin Capital.
O2 facilitates liquidity through RWAs, tokenized treasuries, and yield-bearing tokens, enhancing DeFi compliance and efficiency.
https://x.com/ClearpoolFin/status/1862119773259386890