Finally, there is a project that seriously builds a bridge between TradFi and DeFi, with compliance + real-time + low cost. Achieving all three simultaneously is not easy.

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OpenFi officially launches on the Pharos mainnet, ushering in a new era of RealFi
On May 15th, OpenFi announced that it has officially been deployed to the Pharos mainnet, marking a key milestone from testnet to scalable application. This RWA collateralized lending protocol uses real-world assets as collateral, connecting TradFi and DeFi, providing compliant, instant, and low-cost stablecoin lending, and promoting the development of the RealFi ecosystem.
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