BlockBeats News, September 25, River announced today the release of Smart Vault and Prime Vault on Base, their yield products based on their stablecoin, filling the financial layer of the on-chain economy. Base’s mission is to “put the world on-chain,” while River is dedicated to connecting assets and opportunities from multiple ecosystems. Through the stablecoin satUSD and one-click financial products tailored to retail and institutional users, assets can cross borders, flow freely, and be activated.
River is the first chain-abstracted stablecoin system, with a current TVL of $700 million and a circulating supply of satUSD reaching $290 million. It ranks 24th on DeFiLlama’s stablecoin list, surpassing the supply of Resolv and BUSD.
The official statement highlights that choosing to launch on Base is not only a technical integration but also because of the shared vision of both parties: to create a usable, open, and authentic on-chain economy.
