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TechFlow News — Sei, a new blockchain focused on DeFi, today announced that UXD Protocol, the algorithmic stablecoin from the Solana ecosystem, is launching UXD on the Sei blockchain.
Sei stated that as a fundamental component of DeFi, the integration of the UXD stablecoin will provide Sei users with a permissionless, decentralized, and stable unit of account. Furthermore, UXD marks the first Cosmos-native stablecoin deployed on Sei.Source link
Sei, a new blockchain focused on DeFi, announced today that Solana-based algorithmic stablecoin UXD Protocol is launching UXD on the Sei blockchain. Sei stated that as a fundamental component of DeFi, integrating the UXD stablecoin will provide Sei users with a permissionless, decentralized, and stable unit of account. Additionally, UXD marks the first Cosmos-native stablecoin deployed on Sei.
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