The decentralized stablecoin USDD has launched PT-sUSDD/USDT and PT-sUSDD/USDC markets on the Morpho platform. Users can now exchange USDT for PT-sUSDD on Pendle and use it as collateral to borrow USDT or USDC on Morpho. This initiative, supported by Gauntlet, offers low borrowing rates and potential leverage opportunities. With the annualized return of PT-sUSDD, users could achieve nearly 30% returns through revolving loans, depending on their risk appetite.
USDD Launches PT-sUSDD Markets on Morpho for USDT and USDC
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