Fresh yield providers in the race: + @re - channeling on-chain capital into off-chain reinsurance, then tokenizes the capital stacks, offering reUSD as the yield-bearing “dollar” whose backing is a diversified portfolio of reinsurance contracts; reUSDe is the staked version. + @apyx_fi - offering 2 different types of assets: apyUSD: yields paid from dividends by Digital Asset Treasury (DAT) companies such as Strategy (MSTR). apxUSD: over-collateralized, tends to be used across DeFi. + @SuperstateInc - tokenizing traditional funds, offering: USCC: mixing government securities with crypto-native yield, tends to be used in DeFi. USTB: yields paid by short-duration Treasuries. + @saturn_credit - simply issuing stablecoin from Bitcoin-backed assets, including: USDat: permissioned, 100% backed by tokenized US Treasuries and other low-risk collateral. sUSDat: staked version, backed by STRC and USDat. + @UnitasLabs - issues stablecoins whose collateral and hedging system are designed to be robust across market regimes, offering: USDu: overcollateralized, soft-peg with USD. sUSDu: staked version, yield comes from hedging - long a perp-dex LP token that holds SOL/ETH/BTC etc., and shorts that basket on CEXs with off-exchange settlement. These assets have been adopted in top yield destinations like @pendle_fi and money markets like @aave and @Morpho. DYOR.