Onchain yield finally has a non-dollar column.
wiTRY is one of the first two assets in it, now tracked side by side with the rest on @stablewatchHQ.
Track $wiTRY on Stablewatch:
stablewatch.io/analytics/asse…
- Onchain yield finally has a non-dollar column. wiTRY is one of the first two assets in it, now tracked side by side with the rest on @stablewatchHQ. Track $wiTRY on Stablewatch: stablewatch.io/analytics/asse…
What wiTRY is: Staked $iTRY, a lira stablecoin backed by a basket of regulated, tokenized money market funds. The interest those funds earn reaches holders through the share price.Why it matters: Nearly all onchain yield is in dollars, and so is most RWA exposure. Most of the world doesn't earn in dollars. $wiTRY gives treasuries and allocators access to local rates, a way to diversify away from USD and a hedge.It's already in use: → The wiTRY-USDM market on @Morpho, curated by @Featherlend on @megaeth, for cross-currency borrowing against wiTRY.Introducing the first onchain FX carry market: wiTRY-USDM. Starting today, use wiTRY as collateral to borrow USDM through the @Morpho market deployed by @Featherlend, powered by @megaeth. wiTRY is a Turkish Lira yield-bearing coin that enables access to the carry trade. TheThis is what Brix is built for: bringing emerging-market institutions and their assets onchain, with the tokenization infrastructure to do it. $wiTRY is where that starts.NEW on Stablewatch: Non-USD assets. Track and compare yields beyond the dollar. All in one place.00:00- Now live 👇New non-USD listing: $wiTRY A yield-bearing Turkish lira asset from @brix_money. $wiTRY represents staked $iTRY and earns yield from tokenized Turkish money market funds.00:00
