Crypto trading and market maker GSR announced a commitment of $100 million, primarily in the form of credit lines, to support the on-chain vault business Hare, jointly launched with liquidity platform Turtle. Hare will introduce stablecoin yield products Hare USD Earn and tokenized gold yield products Hare Gold Earn based on Aave, supporting major USD stablecoins and Paxos' PAXG and PAXGy. GSR's funds will serve as early liquidity for the related products. (CoinDesk) https://(wublock123.com)/news/gsr-pledges-100m-launch-onchain-credit-platform-hare-69665