Maple Finance has launched syrupUSDG, now live on the Robinhood Chain

BlockBeats News, July 3rd, On-chain lending protocol Maple Finance announced the launch of a new product, syrupUSDG, and has already gone live on the Robinhood Chain. Risk management firm Steakhouse Financial has approved syrupUSDG as collateral in the Robinhood Earn treasury.

This partnership is powered by Morpho providing the treasury infrastructure, Paxos handling the compliant issuance of USDG, and Robinhood managing the distribution channel to its millions of users. syrupUSDG is currently available on Ethereum and the Robinhood Chain, with plans to support more chains in the future.