PANews reported on December 11 that according to CoinDesk, Anna Yuan, founder of Perena and former head of stablecoin at the Solana Foundation, announced the establishment of the stablecoin trading infrastructure project Perena and raised approximately US$3 million in a pre-seed round of financing led by Borderless Capital.

Perena’s goal is not to launch a new stablecoin, but to build an on-chain system to provide efficient trading liquidity support for the issuance of emerging stablecoins. Yuan said that Perena hopes to become a "neutral layer" to support stablecoin issuers and solve the current liquidity dispersion problem among multiple stablecoins.

Perena plans to build an exchange pool similar to Ethereum Curve 3pool on Solana, supporting fast exchanges of up to seven stablecoins and providing stablecoin holders with the opportunity to earn additional returns by lending assets. In addition, Perena also plans to develop a "synthetic currency" based on collateralized debt positions (CDPs), providing a more resilient solution than traditional fiat currencies through stablecoin support.