what's Beta Finance?
Beta Finance is a decentralized money market protocol on Ethereum and BNB Chain that enables permissionless borrowing, lending, and leveraged trading of crypto assets. It uses a novel vault system where users deposit collateral into beta-vaults to mint shadow tokens, allowing short positions and leveraged longs without traditional oracles for price feeds. The protocol supports fixed and variable interest rates, with mechanisms for liquidation and risk management through dynamic collateral ratios. The native BETA token facilitates governance, staking for rewards, and fee discounts within the ecosystem.
BetaUSD is a test stablecoin on Tempo's public testnet; Tempo raised $500M at $5B with major partners.
Coinbase Prime Vaults suspends wallet support for BETA on March 27, 2026 at approximately 2 PM ET.
BetaUSD is available as a test stablecoin on Tempo blockchain's newly launched public testnet faucet. Tempo, created by Stripe and Paradigm, raised $500M Series A at $5B valuation with partners including Mastercard, Visa, UBS, Klarna, and OpenAI.