Lybra Finance launches the full-chain stablecoin peUSD on Arbitrum One

ChainCatcher news, the LSD stablecoin protocol Lybra Finance announced the launch of peUSD on Arbitrum One, as the full-chain, DeFi utility version of eUSD.

peUSD offers compatibility with DeFi protocols including lending and margin trading. Users can mint eUSD by collateralizing ETH and stETH and then convert it to peUSD on Arbitrum One, or mint peUSD directly on Arbitrum One using wstETH, rETH, WBETH, etc.