Today marks a significant milestone for BounceBit as we introduce USD1 support to our ecosystem.
By leveraging @worldlibertyfi's standard, USD1 is now available on BounceBit by being enabled as an eligible asset for yield generation in our CeDeFi strategies.
USD1, fully backed by short-term U.S. Treasuries, dollar deposits, and cash equivalents, and custodied by BitGo, combines traditional finance safeguards with the flexibility of DeFi.
Now eligible for deployment into the 'Auto' Strategy on portal.bouncebit.io/cedefi, with deposits via BNB Chain.
As part of USD1’s launch, we will be rolling out a tactical high-yield USD1 BounceBit Promo and a special giveaway featuring exclusive Trump-inspired $BB T-shirts. Stay tuned for more details!
Full blog post: https://t.co/DsGDAS2qcm