POPA ReconOsero Raises $13.5M to Scale Stablecoin Yield Infrastucture
Osero Raises $13.5M to Scale Stablecoin Yield Infrastucture Osero, a stablecoin savings infrastructure startup incubated by Stablewatch, raised $13.5M in a SAFT round led by Sky Ecosystem and Plasma. The project is focused on expanding adoption of USDS and sUSDS by giving users and platforms easier access to the Sky savings rate. $10M of the raise is allocated to reserve requirements, serving as a protection buffer for users and for Sky Protocol. Each deployment must pass Sky’s internal risk framework, modeled after Basel III banking standards. The company is building three products: - A…
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