BlockBeats News, September 16th, Pendle announced the launch of cross-chain PT, the first PT-USDe (November 2025) deployed on Avalanche.
PT, as a source of fixed income, has become an indispensable part of DeFi, supporting over $5.8 billion in PT as collateral on Ethereum through major lending markets such as Aave, Morpho, and Euler.
In the upcoming period, Pendle plans to use PT across different blockchains and even extend to off-chain yield to further expand its fixed income landscape.