Lido proposes a $60 million expansion plan to enter the stablecoin yield sector

ChainCatcher News, according to official sources, Lido has proposed a 2026 budget plan, expecting to invest $60 million to transform from a single product to a diversified product portfolio, targeting institutional clients and expanding its stablecoin yield business. The proposal states that new revenue streams will be created by developing stablecoin and other asset class-related products to ensure the long-term resilience of the protocol.