Maple launches syrupUSDG on Ethereum and Robinhood Chain, approved as collateral for Robinhood Earn's vault

Maple Finance/Syrup lending (syrupUSDC, syrupUSDT)

syrupUSDG is a new Syrup yield token built on Paxos's USDG stablecoin, earning interest from Maple's overcollateralised institutional loans. It was approved as collateral in the Morpho vault behind Robinhood Earn, the first DeFi lending product inside the Robinhood app.

• Steakhouse Financial is the vault's sole curator; Morpho supplies the vault infrastructure.
• Maple said it has originated $22B of loans since 2022.
• More chains are planned.