CryptoBriefing reported that Pendle (PENDLE), a DeFi yield tokenization protocol, has launched a fixed yield product for Paxos' dollar stablecoin USDG on the Robinhood Chain. The maturity date is set for March 2027. Users can now secure a pre-determined yield instead of taking on variable interest rates like existing lending vaults. While the existing Robinhood Earn offered an annual yield of approximately 7% on USDG through the MORPHO lending vault, the Pendle product will fluctuate based on market conditions.
