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OpenEden's yield-generating stablecoin, USDO, has integrated with FalconX, supporting institutional staking and liquidity financing
Svmuu News: Digital asset prime broker FalconX has announced that it now supports OpenDollar (USDO), a yield-generating stablecoin issued by OpenEden, on its platform. USDO is fully collateralized by tokenized short-term U.S. Treasury assets and is regulated by the Bermuda Monetary Authority. Approved institutional clients can allocate idle cash or stablecoins to USDO on the platform to earn U.S. Treasury yields. They can also use USDO as eligible collateral for certain credit and derivatives transactions and access USDC liquidity through FalconX’s lending services, thereby enhancing capital efficiency while maintaining trading and financing capabilities.
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