Robinhood’s push into decentralized finance just got a new front door. Aster, an on-chain trading platform built for self-custody wallets, has switched on support for $USDG deposits
- Robinhood Chain has integrated $USDG, a dollar-backed stablecoin issued by Paxos, enabling on-chain trading and yield opportunities.
- The Aster platform now supports $USDG deposits and withdrawals on Robinhood Chain, allowing users to trade perpetual futures and spot markets without KYC via self-custody wallets.
- This integration signifies Robinhood's expansion into DeFi infrastructure, aiming to attract users with native stablecoin support, yield generation, and a streamlined, decentralized trading experience.
Topics: Asset types, Blockchain usage, Institutional adoption, Stablecoins digital cash, Layer 2 scaling, Asset manager initiatives
Tags: #robinhoodchain #usdg #aster #kyc #stablecoin #defi #selfcustody #paxos #arbitrum #yield
No comments:
Post a Comment