satUSD Explained: Unlocking Crypto Liquidity Without Selling Your Assets
The Decentralized Finance (DeFi) industry continues to evolve, and one other the challenges users still face is fragmented liquidity across multiple blockchains. This is where satUSD, the native stablecoin of the $RIVER ecosystem, aim to change the game.
satUSD is designed to provide user with stable liquidity while allowing them to keep ownership of their crypto assets. Instead of selling your Bitcoin, Ethereum or other supported assets, users can lock them as collateral and mint satUSD for use across all DeFi applications.
CME Group have set June 1 as the launch date for $BTC volatility futures, pending CFTC review.
The $BVI contract will be first CFTC-regulated US #bitcoin volatility derivative ever listed, allowing traders to edge $BTC price swings WITHOUT without taking directional exposure.
Each contract will be sized at $500 x the CME CF $BTC volatility index.