Reeve Collins, the former CEO of Tether, has lent his support to a new stablecoin project called USP, developed on the Pi Protocol. This project aims to operate on both the Ethereum $2,716 and Solana
$169 blockchains and seeks to automate transactions using smart contracts, creating a system that aligns with market conditions. Its primary goal is to provide users access to more transparent and yield-generating assets.
Objectives and Innovations of the USP Project
Unlike traditional stablecoins, USP prioritizes decentralization. While current market models typically involve a single centralized entity controlling returns, USP pl…
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