“Stablecoins are “Perfect Rails for Yield Distribution,” The Protocol’s CEO and Founder Ivan Kozlov Said in An Interview.”, – WRITE: www.coindesk.com
The Investment Round Was Led By Cyber.Fund and Maven11, with Addrational Backing from Coinbase Ventures, Susquehanna’s Subsidiary Scb Limited, Arrington Capital, Gumi CityPTAL Ventures, Animoca Ventures and others.
Stablecoins, A $ 230 Billion and Rapidly Expanding Cryptocurrencies with Pegged Prices to An External Asset, Are CAPTING WELLDINGSALINGSALINGSALINGSALINGSALINGSALINGSALINGSALINGSAl. A Growing Cadre of Crypto Protocols Offer Yield-Bearing Stablecoins or Earnings to Holders.
“I View Stablecoins As the Perfect Rails for Yield Distribution,” Ivan Kozlov, Founder and CEO of Resolv, Said in An Interview with Coindesk. “This May Actuly Become Larger than Transaction Stablecoins Like [Tether’s] USDT in the Future. ”
The MOST NOTable Example of the Trend Is Ethena’s $ 5 Billion USDE Token, WHICH PRIMARY PURSUES A DELTA-NEUTRAL POSITION BY HOLDING Cryptocurrencies Equal Size of Perpetual Futures, Scooping Up yield from From Froming Rates.
Resolv ALSO PURSUES A SIMILAR Strategy: Its Usr Token, Anchored to $ 1, Is A Delta-Neutral Stablecoin Designed to Deliver Stable Yields Froms. Swings.
The Protocol Achieves this by Splitting Risk Between Two Layers, Inspired by Kozlov’s Background in Structurets in Traditional Finance. USR Stablecoin Holders Sit in the Less Risky Senior Trancher Earning Stable But Lower Yields, With Risk-Tolerant Investors in the Protocol This Model, Borrowed from Structured Finance, AIIMS to MAKE Crypto Yields More Predictable with Sacrification Decentralization, Kozlov Explained.
Following ITS LAUNCH IN SEPTEMBER 2024, The Protocol Quickly Balloooned to Over $ 600 Million in Assets Driven by Attractive Yields Durying The Crypto Rally AFTER DATATE However, As Markets Turned Bearish and Yields Compressed, Resolv’s Total Value Locked (TVL) ALSO SLID AUND $ 450 Million this Month.
With the New Capital Raise, Resolv Plans to Expand ITS YIELD Sources to Include Bitcoin (BTC) -Basted Strategies and Deapening ITS Integrations with Institute Digital Digital Asset. The Protocol Also Aims to Expand to New Blockchains, Widening Ita Reach Beyond Early Crypto Adopters.
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