Pendle Integrates PT-sUSDD into the PT Looping Module, Enabling One-Click Looping Loans

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On-chain news: Pendle has integrated PT-sUSDD into its PT Looping module, enabling one-click looping loans. This update allows users to execute operations directly on Pendle without requiring cross-platform actions. The APY for PT-sUSDD on the Morpho/USDT market currently reaches 20.87%. Built on Morpho’s PT-sUSDD/USDT and PT-sUSDD/USDC markets, the module is designed to enhance capital efficiency for USDD holders. The protocol update combines fixed yields with lending opportunities to deliver a stable yield portfolio. Users can choose their level of participation based on their risk preferences.

ME News reports that on August 7 (UTC+8), according to the official announcement from the decentralized stablecoin USDD, the DeFi protocol Pendle has integrated PT-sUSDD into its PT Looping module. Users can now execute looping loans with a single click via Pendle’s interface, eliminating the need for cross-platform operations. Currently, the APY for looping loans on the Morpho/USDT market with PT-sUSDD reaches up to 20.87%. The PT Looping module is built on the Morpho markets for PT-sUSDD/USDT and PT-sUSDD/USDC, and this integration aims to significantly enhance the capital efficiency of USDD holders by combining the fixed income of PT-sUSDD with lending opportunities to create a robust yield strategy. The official notice advises users to participate according to their individual risk preferences. (Source: ChainCatcher)

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