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Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin

May 12, 2024
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The decentralized lending protocol constructed on the Solana blockchain, Marginfi, introduced the upcoming launch of YBX, which is predicted to be the primary notable decentralized stablecoin on Solana, aiming to supply an alternative choice to the community’s heavy reliance on Circle’s centralized stablecoin usd coin (USDC). The stablecoin, backed by SOL-based liquid staking derivatives (LSDs), is […]



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Tags: DeFiIntroductionLandscapeMarginfisshiftSolanasStablecoinYBX
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