Binance Labs invests in Solana ecosystem stablecoin protocol Perena

According to reports, global leading blockchain incubator Binance Labs has announced an investment in Quine Co., the developer of Perena, the first stablecoin infrastructure protocol in the Solana ecosystem. This investment marks Binance Labs' continued support and recognition of financial innovation on the Solana blockchain.

Perena is committed to building a more decentralized, efficient, and accessible financial system by integrating the innovative advantages of decentralized finance (DeFi) with traditional financial principles. The project aims to provide users with more stable and reliable digital financial services through its stablecoin infrastructure.

Anna, the founder of the Perena project, stated: "We are very honored to receive investment and collaboration from Binance Labs. Their support not only affirms the value of our team and project but also marks an important step forward in realizing our vision of establishing a strong on-chain financial system. We look forward to working with Binance Labs to jointly promote cutting-edge developments in the financial sector."

This investment will further solidify the position of the Solana blockchain in the stablecoin and DeFi sectors and inject strong momentum into the future development of Perena.$BNB $SOL