TechFlow news — On September 20, Renzo announced via official channels the launch of ezUSDC on the Jito restaking platform, making USDC a restakable stablecoin asset. As a liquid token representing restaked USDC, ezUSDC will bring multiple innovations to the Solana ecosystem.
As of September 9, 2024, native USDC accounted for approximately 70% of the stablecoin market capitalization on the Solana network. The introduction of ezUSDC will enable stakers to use USDC as stable collateral, allow Native Consensus Networks (NCNs) to offer rewards in USDC, and provide new restaking assets for DeFi platforms on Solana.
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