Pendle launches fixed-yield market for USDG stablecoin on Robinhood Chain

• —Pendle tokenizes USDG yield, splitting the asset into a principal token and a future-yield token
• —The rate is fixed at purchase and unaffected by T-bill yield swings through March 2027
• —Paxos-issued USDG is regulated in Singapore and Europe and backed 1:1 by short-term US Treasury reserves
• —Pendle deployed on Robinhood Chain on September 4, 2026, after the chain went live on July 1, 2026