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Composable Capital Markets

Tokenized

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PYUSD: Evolution and Implications in DeFi

This chapter explores the rapid transition of PYUSD from Ethereum to the Solana blockchain, emphasizing its impact on payment systems and DeFi applications. It discusses the evolving landscape of stablecoins amid regulatory changes and shifting interest rates, highlighting innovative approaches like 'Lego finance' and the emergence of a permissioned lending market. Additionally, it examines the potential of tokenized assets in enhancing liquidity and returns, while addressing institutional needs within the DeFi ecosystem.

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