Maple Finance Launches syrupUSDG on Robinhood Chain with Steakhouse Financial Approval

MORPHO2.73%
ETH5.33%

According to Foresight News, on-chain lending protocol Maple Finance launched syrupUSDG on Robinhood Chain. Risk management firm Steakhouse Financial approved syrupUSDG as collateral for Robinhood Earn, the first decentralized lending product in Robinhood's app.

Morpho provides vault infrastructure, Paxos handles compliant USDG issuance, and Robinhood manages distribution to millions of users. syrupUSDG is currently available on Ethereum and Robinhood Chain, with more chains to follow. Robinhood will roll out access to customers over the coming weeks.

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