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River TVL has surpassed $600 million in just two weeks, with the circulating supply of satUSD reaching $270 million.
BlockBeats News, August 28th, According to official sources, the Chainabstraction Stablecoin System Protocol River TVL surpassed $600 million within two weeks, with a circulating supply of satUSD reaching $270 million. The protocol recently ranked second in the stablecoin category within the BNB Chain ecosystem for 30 days, with an accumulated NFT minting volume of 130,000 over 3 weeks.
River is the first Chainabstraction Stablecoin System that allows assets to stay within their original ecosystem, whether it is DeFi, the stablecoin system, or the RWA public chain ecosystem. At the same time, through satUSD, users can seamlessly participate in transactions and yield opportunities in other ecosystems, aggregating dispersed liquidity and redefining the relationship between assets and opportunities.
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