POPA ReconConcrete x M0 : Introducing concUSD
Concrete x M0 : Introducing concUSD - Concrete collaborated with M0 to launch concUSD, a stablecoin dedicated to the ecosystem. The goal is to bring Vault-centric financial infrastructure into its own ecosystem. - M0 is responsible for stablecoin infrastructure such as issuance and redemption liquidity, and Concrete takes over the brand and usage. - It is said that concUSD will first be used as a settlement asset between deposits and withdrawals of Concrete Vault and strategies, and the goal is to expand it to loans, collateral, and external protocol liquidity. https://x.com/ConcreteXYZ/st…
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