Maple Finance has launched syrupUSDG, now live on the Robinhood Chain

On-chain credit protocol Maple Finance announced the launch of a new product syrupUSDG, which has gone live on the Robinhood Chain. The risk management agency Steakhouse Financial has approved syrupUSDG as collateral for the Robinhood Earn vault.

This collaboration is supported by Morpho providing vault infrastructure, Paxos responsible for the compliant issuance of USDG, and Robinhood handling the distribution channel to millions of users. syrupUSDG is currently available on Ethereum and the Robinhood Chain, with plans to support more chains in the future.