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Sei Network Launches FastUSD Stablecoin with Elixir and DragonSwap DEX Integration

The Sei Network has officially launched fastUSD, a yield-bearing stablecoin integrated with Elixir and DragonSwap DEX
By: DeepNewz • October 16, 2024
Sei Network Launches FastUSD Stablecoin with Elixir and DragonSwap DEX Integration

The Sei Network has officially launched fastUSD, a yield-bearing stablecoin integrated with Elixir and DragonSwap DEX. This new asset aims to enhance liquidity and provide a wide range of DeFi opportunities. FastUSD is backed by deUSD and offers native yield to holders.

Additionally, Elixir announced that fastUSD holders can earn Sei tokens and potion rewards. The integration is expected to push the boundaries of blockchain technology through open-source development.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Sei

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