RAMPDeFi joins IOST node partners, opening up the IOST and Ethereum ecosystem across the chain.

According to the IOST report, IOST previously announced that it has invested in Ramp DeFi, a financial management project, and is now integrated into the IOST node partner ecosystem. RAMP DeFi pioneered the concept of Total Cost Lock (TVU), focusing on opening up capital for asset security and opening up the IOST and Ethereum ecosystem throughout the chain. RAMP DeFi smart card allows users to oversize IOST to receive iUSD, a stable IOST backbone network, and convert 1: 1 to rUSD (Ethereum Network Stable currency). RUSD users can borrow or trade fixed currencies equal to common currencies such as USDT or USDC. RUSD can also be used to invest, trade, or trade for fiat currency in Ethereum's new DeFi experience.