OpenTrade announced its partnership with WOO X that will allow WOO X users to earn yield via access to tokenized T-Bills and borrow USDC-secured loans against liquid assets while continuing to operate entirely on blockchain.
Strategic partnership enables the WOO team to concentrate its resources on DeFi and AI, while FusionX Digital accelerates the expansion of WOO X with additional capabilities. WOO and FusionX Digital have entered into a strategic partnership that includes FusionX Digital acquiring the centralized exchange WOO X. The move brings an experienced operator of centralized exchanges into the WOO ecosystem to scale the platform, expand the global reach of the WOO brand, and increase utility for the WOO
YUSD is a Bitcoin-backed stablecoin on WOO X, enabling yield generation and use as collateral for margin and perpetual trading with risk-managed collateral.
