Pendle launches cross-chain PT, the first PT-USDe deployed on the Avalanche public chain
Source: BlockBeats
Time: 2025-09-16 00:01:38
According to BlockBeats, on September 16, Pendle announced the launch of cross-chain PT, the first of which is PT-USDe deployed on Avalanche (November 2025). PT, as a source of fixed income, has become an integral part of DeFi, supporting more than $5.8 billion in PT as collateral on Ethereum through the largest lending markets such as Aave, Morpho and Euler. Pendle plans to continue to expand its fixed income territory with PT in different public chains in the next time, and even extend to off-chain profits.