Osero Secures $13.5 Million Funding Round for Stablecoin Savings Account on Plasma

Osero, a stablecoin savings infrastructure project incubated by Stablewatch, has closed a significant funding round to develop a stablecoin savings account on the Plasma platform.

The $13.5 million investment was led by Sky Ecosystem, which was formerly known as MakerDAO, and includes risk capital designed to cushion stablecoin yields against market volatility.

The project's valuation remains undisclosed, but Osero is building three core products: Earn for yield optimization, App for consumer-facing savings interfaces, and Foundry for asset tokenization.

Osero aims to expand the range of DeFi yield options available to users by integrating Sky's USDS and sUSDS into its yield optimization framework on Plasma.