PANews reported on July 16 that according to The Block, RWA tokenization platform OpenEden and custody institution Ceffu have jointly launched a yield-bearing collateral called cUSDO. This asset can now be used as an off-chain collateral for Binance margin trading through Ceffu's MirrorRSV settlement platform. Institutional users can deposit cUSDO into Ceffu's cold wallet and simultaneously obtain a 1:1 mirrored asset cUSDOX in their Binance account for trading, achieving both continuous interest generation and trading liquidity. cUSDO is an encapsulated version of USDO, a regulated interest-bearing stablecoin issued by OpenEden Digital, with underlying assets being tokenized US Treasuries (including Moody's rated TBILL funds), issued under the Bermuda Digital Asset Business Act (DABA).
OpenEden and Ceffu Launch Yield-generating Collateral cUSDO for Institutions
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