Stablecoins are Pivotal to crypto markets, but their utility is still underutilized. They move quickly, yet most do not generate yield. @Plasma has just launched, and @eulerfinance are building a system that bridge the utility and scalability. Here’s the breakdown in 30s 🧵 — ► Plasma Integration In short, Euler integrates with Plasma to combine large-scale stablecoin transfers with yield opportunities. ➤ Plasma launched with $2B+ in stables, and Euler already integrated several pools: ▸ $USDT0 ( @USDT0_to ) ▸ $USDAI / $sUSDAI ( @USDai_Official ) ▸ $USDe / $sUSDe ( @ethena_labs ) ▸ $xUSD ( @TelosConsilium ) ▸ $RLP / $wstUSR ( @ResolvLabs ) ▸ $weETH / $WETH ( @ether_fi ) ▸ $syrupUSDT ( @maplefinance ) ➤ Euler adds lending, looping, and carry trades on top ➤ $400K in $XPL incentives distributed weekly across pools — ► mUSD Launch Recently, @MetaMask’s stablecoin, $mUSD, is now live on Euler with curated markets from @Re7Labs and @MEVCapital. ➤ Expands stablecoin options within Euler and @LineaBuild. ➤ Supports borrowing, lending, and rewards ➤ Rapid adoption: $15M → $65.6M (+437%) in a week ➤ $20.9M supplied on EulerLend at 5.41% APY
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