Stablecoins refer to assets that are denominated in and pegged to fiat currency, with USD-denominated stablecoins being the most widely adopted.

In this article, we will take a deep dive into each of the stablecoins currently integrated with Perena ecosystem. Perena is a decentralized stablecoin infrastructure building on the Solana blockchain. If you want to learn more about Perena, you should read my previous X’s thread that gives you a primer to Perena.

A quick recap on the 7 stablecoins integrated with Perena at the moment. 

Seed Pool

• Circle’s USDC

• Tether’s USDT

• Paypal’s PYUSD

Growth Pool

• Ondo’s USDY

• Sky’s USDS

• Solayer’s sUSD

• Coinflow’s cfUSD