Euler plans to launch synthetic dollar products in the coming weeks
2025-10-16 12:17:53
Euler plans to launch a synthetic dollar product "in a matter of weeks", a move the start-up says will complete three products covering lending, convertibility and dollar-denominated assets. Co-founder Michael Bentley described the new product as a "USD synth", adding that Euler is now "not just a lending protocol" but a decentralized exchange (DEX). Bentley positions synthetic dollars as a strategic complement to Euler's credit markets and protocol exchanges, emphasising tight integration rather than relying on external liquidity incentives.
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