Hassan Maishera
On Wednesday, the Sei team announced via X that fastUSD is now live on the Sei blockchain. Powered by Elixir, fastUSD is a yield-bearing stablecoin integrated with DragonSwap and JellyVerse.
These integrations set the foundation for many DeFi applications, offering greater composability and liquidity provisioning for Sei’s DEXs.
Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is down 1% in the last 24 hours and is now trading at $0.4399 per coin.
