USDST Becomes Earning Asset on STRATO
Summary
STRATO announces USDST has become an earning asset. USDST is STRATO's native stablecoin, backed mostly by gold, with about five million in circulation. A new savings vault lets anyone earn yield with a few quick clicks and USDST will trade natively on STRATO soon. This turns USDST from a utility mechanism into a productive asset for the community.
Season 3 turned $USDST into something exciting.
It's STRATO's native stablecoin, of course, backed mostly by gold. But now it has officially become an earning asset, with easily accessible yield through a savings vault, available to anyone with a few quick clicks.
"So yes, it's — but yeah, it's like it's USDST. It's not, you know, a huge-supply stable just yet — we've got maybe five million of it in circulation. It'll trade natively on STRATO soon, maybe some other venues too. But it's reasonably close to a dollar in formulation — at least that's the intent.
Yeah, well, it's pretty cool, because whereas USDST has existed for a while, it's really just been something you use on STRATO, and not necessarily very exciting — really more of a mechanism than anything. But now, with the vault, it's actually like an earning asset. It's really turned into something much more productive."
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