According to TechFlow, on September 20, Renzo announced that it will launch ezUSDC on the Jito re-pledge platform. This move will make USDC a re-pledgeable stablecoin asset. As a liquidity token for USDC re-pledge, ezUSDC will bring many innovations to the Solana ecosystem.
It is reported that as of September 9, 2024, native USDC accounts for approximately 70% of the stablecoin market value on the Solana network. The launch of ezUSDC will enable stakers to use USDC as stable collateral, while allowing node consensus networks (NCNs) to provide rewards in the form of USDC and provide new re-collateral assets for DeFi platforms on Solana.
