Deribit Launches US Yield Coin (USYC) as New Yield Cross Margin Collateral Option

Deribit has announced the launch of Hashnote’s US Yield Coin (USYC) as a new yield cross margin collateral option. USYC, an ERC-20 token backed by US Treasury reverse repurchase agreements, offers traders a stable and flexible collateral option that generates daily returns. Assets are secured in a separate account at (…)