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Maple Finance Launches syrupUSDG on Robinhood Chain

On July 3, the on-chain lending protocol Maple Finance announced the launch of its new product syrupUSDG, which is now 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 handling the compliant issuance of USDG, and Robinhood managing the distribution channels to millions of users. syrupUSDG is currently available on both Ethereum and the Robinhood Chain, with plans to support more chains in the future.

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