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BlockBeats News, May 15th, Pendle announced that the total value locked (TVL) of its USDG yield pool on the platform has surpassed $200 million, setting a new milestone for this type of product.
This USDG pool is part of Pendle's Real World Asset (RWA) and compliant stablecoin yield market strategy, mainly providing fixed income exposure to meet users' demand for "regulated stablecoin yield farming." With the increasing demand from institutions and on-chain funds for low-volatility yield products, the scale of such fixed-income tranche and pricing mechanism products continues to expand.
Pendle believes that this growth reflects the market's sustained demand for stablecoin rate products and the deepening penetration of RWA yield markets in the DeFi ecosystem.
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