Lybra Finance (LBR) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
The Lybra Protocol is a groundbreaking LSD-based stablecoin protocol designed to bring stability to the volatile world of cryptocurrency. Its main goal is to establish eUSD as an interest-bearing, secure, and fully decentralised stablecoin that functions as a genuine crypto bank account for its holders. Based on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future. LBR is the native token powering the protocol’s governance.
Crypto.com App users can now purchase LBR at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.