TechFlow news, European crypto ETP issuer 21Shares' USD Yield ETP (USDY) product will launch on the SIX Swiss Exchange this Wednesday. USDY offers a collateralized yield denominated in U.S. dollars at 5%. USDY generates returns by taking in U.S. dollars and lending them to counterparties, with transactions collateralized in BTC and ETH at a minimum collateralization ratio of 110%.
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