DeFiBullishMessari · Mar 257/10
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Kelp: Introducing KUSD and a Unique Commerce-Backed Stablecoin Model
Kelp, a major restaking platform with $1.25B TVL, is launching KUSD, a commerce-backed stablecoin targeting short-duration trade receivables and cross-border payments. Unlike traditional DeFi lending, KUSD enables yield from real economic activity rather than token incentives, aiming to unlock capital trapped in global payment systems.
