According to TechFlow, on August 14, according to official website data, the total amount of stUSDT pledged has exceeded 700 million USDT, and the number of pledged users exceeds 351,000. As of now, the APY of stUSDT products has reached 4.2%.
It is reported that stUSDT is the world's first RWA (real world asset) protocol product based on Rebase. It was officially launched on July 3 and is now running through the decentralized platform JustLend. stUSDT also supports the Ethereum network. The stUSDT platform is committed to building a bridge between individual and institutional investors, the crypto world and the real world through smart contracts, and providing a fairer RWA investment channel for everyone.