Hotlink Group, a publicly traded Japanese company, announced that it has begun actively deploying capital into decentralized finance (DeFi) using the synthetic stablecoin USDe. The firm stated that its subsidiary, Nonagon Capital, executed an initial investment toward a total target of $4 million in DeFi operations. While USDC remains the common institutional choice due to its regulatory standing, Hotlink chose the high-yield USDe. The USDe Rationale: Yield Trumps Simple Custody Hotlink’s decision to use USDe, issued by Ethena, over established fiat-backed stablecoins like USDC or USDT, reveals a strong commitment to maximizing returns in its treasury management
source: https://beincrypto.com/hotlink-chose-usde-for-defi-yield-over-stablecoin-usdc/