Monroe, a stablecoin protocol, has integrated HiYield short-term Treasury product hyTB as collateral
2024-08-07 05:34:44
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On August 7th, Monroe, a decentralized full-chain multi-collateral stablecoin protocol, said in a post on X that it has integrated a new collateral on the Avalanche network: HiYield's hyTB (US short-term Treasury bills), which is the first integration since audit firm Veridise completed its V2 audit of Monroe. This means that holders of hyTB can now deposit hyTB into Monroe and mint roeUSD.
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