Tether co-founder Reeve Collins makes waves again in the crypto space, introducing USP, a stablecoin offering both stability and the ability to earn yield.
How USP Works
Unlike traditional stablecoins, USP allows users to earn by holding it. Users can mint USP using USI tokens, yield-bearing assets backed by bonds and other real-world investments.
The Evolving Stablecoins
More investors seek stablecoins offering growth beyond value retention. Launching on Ethereum and Solana highlights the project's ambition to reach a broad audience, leveraging both blockchains' strengths.
Tether’s Massive Growth
Collins was involved in launching Tether (USDT) in 2014, later sold to Bitfinex. Since then, Tether's market value has seen substantial growth.
With USP’s entry, stablecoins evolve beyond digital cash. If USP delivers yield-backed earnings, it could attract new investors seeking both stability and passive income in crypto.
