USDD Launches PT-sUSDD/USDT and PT-sUSDD/USDC Markets on Morpho, Offering Up to ~30% APY

USDC0.02%
MORPHO-0.72%
PENDLE0.55%
According to PANews and the official USDD announcement, on June 8, PT-sUSDD/USDT and PT-sUSDD/USDC markets went live on Morpho. Users can exchange USDT for PT-sUSDD on Pendle, then collateralize PT-sUSDD on Morpho to borrow USDT or USDC for liquidity. Supported by Gauntlet, the strategy features low vault borrowing rates; combined with PT-sUSDD yield, leveraged borrowing up to 10 rounds could theoretically generate near 30% annual returns.
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