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Pendle cross-chain PT launched on Avalanche, the first product is PT-USDe from Ethena Labs.
Foresight News reports that Pendle has announced the launch of cross-chain PT, with the first cross-chain PT being Ethena Labs' PT-USDe (November 2025), which is now live on Avalanche. Silo Labs and Term Labs have accepted this PT as collateral. This cross-chain has been completed with the support of LayerZero.