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Exodus integrates Sovryn stablecoin with wallet; adds asset to its $100M treasury
Jun. 22, 2023
By Mike Dalton
Users of the multi-currency wallet will soon be able to use the DLLR stablecoin.
Crypto wallet provider Exodus said June 22 that it is adding the Sovryn Dollar (DLLR) to its corporate treasury and user wallets.
Exodus adds DLLR stablecoin to treasury
Exodus CEO and Co-Founder JP Richardson said:
“Besides taking its place on our corporate balance sheet, the Sovryn Dollar asset will soon be available to all of Exodus’ users … Exodus is leading by example.”
The company said its initial allocation to the treasury represents 25% of its quarterly interest income but did not provide an exact amount.
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