Market Cap: $2.8318T -0.150%
Volume(24h): $53.908B -55.580%
  • Market Cap: $2.8318T -0.150%
  • Volume(24h): $53.908B -55.580%
  • Fear & Greed Index:
  • Market Cap: $2.8318T -0.150%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$86016.827096 USD

-3.42%

ethereum
ethereum

$2129.471540 USD

-3.13%

tether
tether

$0.999844 USD

-0.03%

xrp
xrp

$2.328702 USD

-8.44%

bnb
bnb

$595.845758 USD

-0.82%

solana
solana

$137.920269 USD

-4.71%

usd-coin
usd-coin

$0.999995 USD

-0.01%

dogecoin
dogecoin

$0.194781 USD

-3.73%

cardano
cardano

$0.809126 USD

-8.20%

tron
tron

$0.250091 USD

3.31%

pi
pi

$1.801049 USD

0.03%

chainlink
chainlink

$15.303441 USD

-10.54%

hedera
hedera

$0.227466 USD

-10.38%

unus-sed-leo
unus-sed-leo

$9.837554 USD

-0.88%

stellar
stellar

$0.276271 USD

-8.05%

Cryptocurrency News Articles

Certo's Game-Changing DeFi Lending Protocol Secures Seed Funding from CyberFund

Mar 29, 2024 at 08:45 am

Certo, a new decentralized finance (DeFi) lending protocol, has secured seed funding from cyberFund, backed by investors in Lido DAO, Cosmos, and Solana. Certo's innovative stUSD stablecoin allows users to earn interest through peer-to-peer (P2P) lending backed by tokenized US Treasury Bills, addressing regulatory and operational challenges faced by yield-generating securities in DeFi.

Certo's Game-Changing DeFi Lending Protocol Secures Seed Funding from CyberFund

Certo's Revolutionary DeFi Lending Protocol Secures Seed Funding from cyberFund

In a groundbreaking development for the decentralized finance (DeFi) ecosystem, up-and-coming lending protocol Certo has secured seed funding from cyberFund, a venture capital firm renowned for its investments in transformative blockchain projects such as Lido DAO, Cosmos, and Solana.

This strategic investment is a testament to the industry's recognition of Certo's potential to revolutionize the world of stablecoins and yield strategies. As Theo Goodman, a Certo spokesperson and industry veteran, aptly stated, "The support from cyberFund underscores the industry's confidence in Certo's ability to offer innovative solutions within the DeFi space."

The cornerstone of Certo's protocol is its innovative stUSD stablecoin, which empowers stablecoin holders to generate interest through P2P lending backed by the security of tokenized US Treasury Bills. This unique approach sets stUSD apart from other stablecoins in the market, such as USDC and USDT, which do not offer interest-earning capabilities through direct exposure to treasury assets.

Certo's model provides a compelling solution for stablecoin investors seeking a decentralized and low-risk method of generating income. By converting their traditional stablecoins into stUSD, users can participate in a secure lending pool that facilitates liquidity and interest accrual without the complexities and risks associated with investing in the underlying securities.

The protocol's innovative design ensures that stUSD holders earn interest not directly from the underlying securities but from the lending activities secured by tokenized US Treasury Bills. This structure aligns with regulatory best practices, mitigating the risk of stUSD being classified as a security under traditional financial laws.

Certo's mission is to address the regulatory and operational challenges that have hindered yield-generating securities in the DeFi ecosystem. By enabling users to leverage their stablecoin assets for income generation without direct exposure to the underlying securities, Certo provides a user-friendly and regulatory-compliant solution.

For further information on Certo and the innovative stUSD stablecoin, visit their official website at https://certo.finance. Stay up-to-date with the latest developments and announcements by following Certo on https://x.com/certofi and https://blog.certo.finance.

As DeFi continues to evolve, Certo's groundbreaking approach to stablecoin lending and yield generation is poised to transform the DeFi landscape, empowering users to optimize their stablecoin investments in a secure and profitable manner.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 09, 2025