Euler: Launches Hybrid Stablecoin Maxi, Composed of USDY, USDe, and USDC
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September 16, 2024
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ChainCatcher reported that Euler Finance announced on social media the launch of its hybrid stablecoin, Maxi. Maxi is comprised of tokenized treasury bills (USDY), interest-bearing synthetic USD (stUSD), synthetic USD (USDe), and fiat stablecoin (USDC). The collateral assets will be actively managed by K3 Capital, MEV Capital, and Re7 Labs.
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