
Foresight News|Oct 16, 2025 12:16
[Euler Hints at Launching Synthetic Dollar Product Within Weeks]
According to Foresight News, citing a report from BlockWorks, Euler plans to launch a synthetic dollar currency 'within weeks,' as mentioned in a recent interview on the Bell Curve podcast. The company stated that this move will enhance its DEX and lending business. The interview did not disclose the token code, collateral model, or pegging mechanism.
Euler co-founder Michael Bentley described the new product as a 'USD synthetic token,' adding that Euler is now 'more than just a lending protocol' and is also a decentralized exchange (DEX). They believe that launching a synthetic token within Euler's stack can prevent 'value from flowing out of the system' and 'bring more value to token holders.'
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