IOTA ecosystem's first native stablecoin protocol, Virtue, is officially launched, and has integrated protocols such as Swirl and Pools.

On July 14th, the $IOTA ecosystem welcomed its first native stablecoin protocol, Virtue, allowing users to mint over-collateralized stablecoin vUSD by locking $IOTA or stIOTA. The protocol has the following features: unified stable pool design, fixed-rate lending, support for flash loans/flash minting, and deep integration with ecosystem protocols such as Swirl Stake and Pools Finance. [Deep Tide TechFlow]