TechFlow News — Developers from DeFi yield protocol Pendle Finance revealed that the platform will utilize MakerDAO's sDAI and Flux Finance's fUSDC stablecoins to generate yields for its RWA products, with both stablecoins deriving returns from traditional financial markets.
TN Lee, co-founder and CEO of Pendle, believes fixed income and real-world assets (RWA) represent two vastly underutilized yet high-potential markets within DeFi.
Notably, Pendle launched on Ethereum last November and has since expanded to Arbitrum, BNB Chain, and Optimism networks this year.
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