TechFlow News, according to CoinDesk, Lybra Finance, a cross-chain stablecoin protocol, has launched its v2 testnet on Arbitrum's Goerli network, aiming to attract more high-frequency traders and other DeFi users through its products.
Lybra's eUSD stablecoin is designed to maintain a value of 1 USD and generates yield through staked liquid staking tokens. With the v2 upgrade, users can now use liquid staking tokens from RocketPool, Binance, and Swell as collateral to mint eUSD. The update also introduces peUSD, a companion stablecoin.




