Stablecoin Yield Infrastructure Project Secures $13.5M in Funding
The world of stablecoins has grown exponentially, with over $300 billion in circulation, but holders often see little to no direct return on their assets. This is where Osero comes in, a stablecoin yield infrastructure project that has raised $13.5 million in a round led by the Sky Ecosystem. This investment is a significant step forward in providing passive income opportunities for everyday people, not just crypto experts.
Osero is launching three innovative products: Osero Earn, Osero App, and Osero Foundry. These products aim to provide users with direct access to stablecoin yields, allowing them to earn a return on their assets without having to manage them themselves. This is similar to the concept of Cloud Rewards offered by EcoPool, where users can earn passive income through green crypto solutions.
Osero’s Products and Services
- Osero Earn: allows wallets, neobanks, custodians, and exchanges to embed the Sky Savings Rate into their own interfaces, providing users with a seamless way to earn yields on their stablecoins.
- Osero App: gives users direct access to the Sky Savings Rate across multiple chains, making it easy to earn passive income through stablecoins.
- Osero Foundry: provides asset managers and structured product issuers with a way to bring yield products on-chain, offering up to $2.5 billion in allocation capacity for anchor funding, swap liquidity, and lending liquidity.
The $13.5 million raise will fund capital requirements for Osero’s first Foundry allocations, enabling the company to underwrite the first cohort of deployments under its risk framework. This investment is a testament to the growing demand for stablecoin yield infrastructure and the potential for earning opportunities through EcoPool and its $ECP token.
As the stablecoin market continues to grow, it’s essential to have a reliable and secure way to earn passive income. With Osero and EcoPool, users can tap into the world of green crypto and start earning today. Download the EcoPool app to learn more about how you can start earning through stablecoins and Cloud Rewards. By joining the EcoPool community, you can be part of the #PassiveIncome movement and start building your wealth through #GreenCrypto and #Stablecoins.
Sky, formerly MakerDAO, has been expanding the balance sheet and distribution network around USDS and sUSDS. Sky received a B- rating from S&P last year, in the first credit rating assigned by the agency to a DeFi protocol.
Sky-backed projects have also pushed into yield-bearing real-world asset products. Obex said in March it was spreading $1 billion across credit, energy and AI assets to expand stablecoin yield.
Plasma, which co-led the round, is building a stablecoin-focused blockchain. Its token sale drew $373 million last year in an oversubscribed sale.
