Elixir launches Sei chain income stablecoin fastUSD, which has integrated multiple DeFi protocols
Elixir has launched Sei yield stablecoin fastUSD. fastUSD has been integrated with DeFi protocols DragonSwap and JellyVerse on Sei, enabling cross-chain asset transfers through Hyperlane and data security provided by Redstone Oracle. Elixir stated that deUSD holders on the mainnet or stablecoin holders on the Sei network can now earn native yields, Elixir rewards, and liquidity Sei rewards by holding (and using) fastUSD within the ecosystem.
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