Platypus Launches $USP Stablecoin on Testnet

Avalanche-based DEX Platypus announced the launch of its native over-collateralized stablecoin $USP on the testnet.

Users can provide liquidity to Platypus' Main Pool on the testnet to receive LP tokens, and use the LP tokens as collateral to mint $USP. Users who borrow $USP and repay the debt on the testnet will be able to mint a limited NFT on Galxe.