reUSD Launches on Monad With Cross-Chain Reinsurance Yield
Photo: Crypto Economy
reUSD is now live on Monad, expanding access to Re’s reinsurance-linked yield product beyond Ethereum. Users can bridge reUSD from Ethereum mainnet to Monad through Chainlink CCIP, while markets are also active on Morpho and Pendle. The launch gives eligible users another route to access tokenized reinsurance exposure through a multichain DeFi setup , extending the use case for real-world asset tokenization . On Monad, users can buy PT-reUSD on Pendle and supply it as collateral on Morpho to borrow USDC.
Source: Crypto Economy
