PAO TECH Labs, the developer behind InsureDAO, is set to bolster the Japanese yen stablecoin JPYC by launching a lending market and establishing an operations treasury focused on yield strategies. The initiative, reported on November 27, aims to enhance the fixed rate market, including interest rate swaps, while also providing liquidity support for these financial products. This move is expected to strengthen JPYC's position in the stablecoin market by offering more robust financial services.
PAO TECH Labs to Enhance JPYC Lending and Fixed Rate Markets
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