Maple partners with Lido to provide stablecoin credit lines collateralized by stETH.

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BlockBeats news, on June 13, according to official news, the on-chain asset management company Maple announced a strategic partnership with Lido Finance to provide stablecoin credit lines backed by stETH. This plan allows institutional borrowers to unlock liquidity while maintaining exposure to ETH staking rewards. This cooperation enables institutions to borrow stablecoins without closing their staked ETH positions. Borrowers can use stETH (one of the most trusted and widely used liquid staking tokens on Ethereum) as collateral for credit lines underwritten by Maple's internal credit team.

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