Solana Stablecoin Trading Infrastructure Project Perena Completes $3 Million Seed Round, Led by Borderless Capital

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PANews
12-11
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PANews reported on December 11 that according to CoinDesk, Perena founder and former Solana Foundation stablecoin lead Anna Yuan announced the launch of the stablecoin trading infrastructure project Perena, and raised around $3 million in a seed round led by Borderless Capital.

Perena's goal is not to launch a new stablecoin, but to build an on-chain system that provides efficient trading liquidity support for emerging stablecoins. Yuan said that Perena hopes to become a "neutral layer" to support stablecoin issuers, solving the current problem of liquidity fragmentation among various stablecoins.

Perena plans to establish a swap pool similar to Ethereum's Curve 3pool on Solana, supporting the rapid exchange of up to seven stablecoins, and providing stablecoin holders with the opportunity to earn additional returns through lending assets. In addition, Perena also plans to develop a "synthetic currency" based on collateralized debt positions (CDPs), providing a more resilient solution than traditional fiat currencies through stablecoin support.

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