Peregrine Exploration raises $3.6 million from Polychain, Dragonfly for restaking-focused stablecoin protocol Level

Level aims to be the first stablecoin protocol backed by restaked dollar tokens. Its stablecoin will be launched in closed beta "in the coming weeks." source: https://www.theblock.co/post/313461/peregrine-exploration-polychain-dragonfly-stablecoin-level?utm_source=rss&utm_medium=rss