OpenEden and Ceffu launch yield collateral cUSDO for institutions

According to The Block, RWA tokenization platform OpenEden and custodian Ceffu have jointly launched a yield collateral cUSDO, which can now be used as off chain collateral for Binance margin trading through Ceffu's MirrorRSV settlement platform. Institutional users can deposit cUSDO into the Ceffu cold wallet and obtain the mirror asset cUSDOX in their Binance account at a 1:1 ratio for trading, achieving a balance between continuous interest and trading liquidity of collateral assets. CUSDO is an encapsulated version of the regulated interest bearing stable currency USDO issued by OpenEden Digital. The underlying assets are token based US treasury bond bonds (including Moody's rated TBILL funds), which are licensed and issued under the Bermuda Digital Assets Business Act (DABA).