River launches yield product on Base, driving a new phase of on-chain economy

ChainCatcher reported that River today announced the launch of Smart Vault and Prime Vault, yield products based on its stablecoin, on Base, adding a financial layer to the on-chain economy.

The mission of Base is "to bring the world on-chain," while River is dedicated to connecting assets and opportunities across multiple ecosystems. Through its stablecoin satUSD and one-click wealth management products for both retail and institutional users, River enables assets to cross boundaries, flow freely, and be activated. River is the first chain-abstracted stablecoin system, currently with a TVL of $700 million, satUSD circulation reaching $290 million, and ranked 24th among stablecoins on DeFiLlama, surpassing the supply of Resolv and BUSD. The official statement pointed out that the decision to launch on Base is not only a technical integration, but also because both parties share the same vision: to build a usable, open, and authentic on-chain economy.