News/Platypus Launches $USP Stablecoin

Platypus Launches $USP Stablecoin

Feb 06,2023,19:25

Avalanche-based DEX Platypus announced the launch of $USP, its native over-collateralized stablecoin.

$USP aims to improve capital efficiency. Users can deposit assets on Platypus and use the LP tokens as collateral to mint $USP. Meanwhile, they can continue to farm on Platypus liquidity pool with their LP tokens.

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