Tether’s Co-Founder Reeve Collins Introduces New Yield-Bearing Stablecoin, Pi Protocol
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Feb 18 2025Launch of Pi Protocol: Reeve Collins, co-founder of Tether, is introducing a new decentralized stablecoin called Pi Protocol, which will launch on Ethereum and Solana in late 2025, featuring the USP stablecoin that rewards minters with a yield-generating token, USI.
Governance and Revenue Sharing: Holders of the governance token USPi will have voting rights on protocol decisions and receive a share of revenue from stablecoin minting yields, while the project aims to differentiate itself by backing the stablecoin with real-world assets.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
