May 29
Pendle Adds nOPAL for Brazil Receivables Yield - Crypto Economy
Plume launches nOPAL on Pendle Ethereum, offering 120-day RWA yield backed by Brazilian credit card receivables and ~11% fixed APY.
➤ Plume has launched nOPAL on Pendle, offering a 120-day yield backed by Brazilian credit card receivables with a fixed APY of approximately 11%. ➤ This move integrates real-world assets (RWAs) into decentralized finance (DeFi) platforms, specifically targeting yield generation. ➤ The article also mentions related news about other tokenized yield products and regulatory approvals for on-chain vault managers.