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Recently, while monitoring the on-chain data of thBILL, I noticed a significant move — its PT Token has now been integrated into the Euler lending system.
This matter is not as simple as just adding a collateral. It's important to know that embedding real-world assets (RWA) into the interest layer of DeFi is a significant step. thBILL itself is anchored to U.S. Treasury yields, and it can now play a role directly in lending protocols, which is equivalent to injecting the stability gene of traditional finance into DeFi.
From a technical implementation perspective, thBILL is not just a simple listing this time, but has truly connected the underlying logic of on-chain lending.