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Price
0.01745286 USD
% Change
0.01%
Market Cap
66.2K USD
Volume
139 USD
Circulating Supply
3.79M
0% from all time low
53072% to all time high
0% from all time low
146447% to all time high

Relend and Magma Partner to Back rUSDC With gMON Collateral

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Relend Network has announced a collaboration with MagmaStaking to issue rUSDC—a scalable stablecoin—secured by gMON collateral. The move leverages Liquid Staking Tokens (LSTs), allowing users to earn staking rewards while using gMON as collateral across DeFi protocols. gMON is supported by Monad, an Ethereum-aligned L1, and offers benefits such as high liquidity, continuous yield, and stable price pegs.

Event date: July 25, 2025 UTC
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Jul 25 14:12 (UTC)
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