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Pendle cross-chain PT function launched, first promoting Avalanche chain PT-USDe.
[Coin World] Pendle announces the official launch of the cross-chain PT feature, with the first product being PT-USDe from Ethena Labs (November 2025), deployed on the Avalanche blockchain. Pendle claims its mission is to make PT a universal cross-chain Collateral for Decentralized Finance, and it may expand to off-chain applications in the future.