USSD Launches Margin Lending on Flying Tulip via Sonic Lend

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USSD, the stablecoin of the Sonic ecosystem, is now available on the Flying Tulip margin lending market through Sonic Lend. Users can deposit, borrow, and trade with leverage using USSD. Sonic stated that this move will enhance liquidity and on-chain activity. Ecosystem growth remains a key focus as more assets are added to Sonic’s financial markets.

BlockBeats report, May 12: The native stablecoin of the Sonic ecosystem, USSD, has now been integrated for on-chain lending use cases. According to the announcement, Flying Tulip has officially launched USSD on the Sonic Lend margin lending market, enabling users to deposit, borrow, and engage in on-chain leveraged trading using USSD.


Sonic stated that this integration will further expand the liquidity and scope of use for USSD within Sonic Chain's financial markets.


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