PANews reported on July 16 that according to The Block, the RWA tokenization platform OpenEden and the custodian Ceffu jointly launched the yield-based collateral cUSDO, which can now be used as off-chain collateral for Binance margin trading through Ceffu's MirrorRSV settlement platform. Institutional users can deposit cUSDO into the Ceffu cold wallet, and at the same time obtain the mirror asset cUSDOX in the Binance account at a 1:1 ratio for trading, so as to achieve both continuous interest-bearing of collateral assets and trading liquidity. As a packaged version of the regulated interest-bearing stablecoin USDO issued by OpenEden Digital, cUSDO's underlying assets are tokenized U.S. Treasury bonds (including the Moody's-rated TBILL fund), which are issued under the Bermuda Digital Asset Business Act (DABA).
OpenEden and Ceffu Launch Yield-generating Collateral cUSDO for Institutions
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Author: PA一线
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