SyrupUSDC, a yield-bearing stablecoin from Maple Finance, has exceeded a $1 billion supply as of September 3, 2025, marking an 18% increase from the previous month and a 59% rise since summer began. This growth is driven by heightened demand for institutional-grade yield in decentralized finance, according to Maple's CEO, Sidney Powell. The expansion to Arbitrum, an Ethereum Layer 2 network, is part of Maple's strategy to enhance liquidity and accessibility, supported by Arbitrum's DRIP rewards program. Additionally, Maple's native SYRUP token has risen 8% over the past week, trading at $0.47.
Maple's SyrupUSDC Supply Surpasses $1 Billion Amid Arbitrum Expansion
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