US EditionMultiversX USH Stablecoin Launch: Boosting EGLD Utility & DeFi Growth
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MultiversX USH Stablecoin Launch: Boosting EGLD Utility & DeFi Growth
Overcollateralized Stability: USH maintains its peg to the U.S. Dollar through overcollateralization, primarily using digital assets like EGLD. This mechanism ensures price stability and reduces reliance on external stablecoins . Enhanced EGLD Utility: EGLD holders can now use their tokens as collateral to mint USH, providing them with stable liquidity options without liquidating their EGLD positions. This also contributes to increased staking a…
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