Elixir launches Sei chain income stablecoin FastUSD, which has integrated multiple DeFi protocols

CoinVoice recently learned that Elixir has launched the yield-based stablecoin fastUSD on Sei. fastUSD has integrated the DeFi protocols DragonSwap and JellyVerse on Sei, realized cross-chain asset transfer through Hyperlane, and was provided with data security by Redstone Oracle.

Elixir says that deUSD holders on the mainnet or stablecoin holders on the Sei network can now earn native yield, Elixir rewards, and liquidity Sei rewards by holding (and using) fastUSD within the ecosystem. [Original link]