Lido plans to invest $60 million to expand its stablecoin yield business.
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according to official sources, Lido has proposed a 2026 budget plan, expecting to invest 60 million USD to transition from a single product to a diversified product portfolio, targeting institutional clients and expanding stablecoin yield business. The proposal states that stablecoin and other asset class-related products will be developed to create new revenue streams and ensure the protocol's long-term resilience.
According to Dune Analytics data, Lido currently holds a 28% market share in the Ethereum staking market, managing over 9.8 million ETH (worth approximately 34 billion USD).
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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