Modular DeFi protocol Elixir announces DeUSD as sole support for Sei’s native yield stablecoin FastUSD

According to TechFlow, the modular DeFi protocol Elixir announced that deUSD will be the only support for Sei's native yield stablecoin fastUSD.

It is reported that deUSD is a decentralized synthetic US dollar asset launched by Elixir. fastUSD is an over-collateralized native yield stable asset with deUSD as the only support, and is supported by Elixir's network infrastructure on Sei. It aims to provide the ecosystem with a new unified and native yield core liquidity component, further enhance DEX liquidity, composability with the Elixir protocol, simplify liquidity configuration of order books, and seamlessly integrate multiple blockchains.