Tag: Lenders

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Pan-European stablecoin effort expands to 37 lenders in push back against U.S. dollar dominance

Qivalis, a stablecoin initiative backed by a group of European banks, aims to issue a stablecoin later this year to deepen the euro's role...

BTC lenders say institutions want crypto credit to look more like TradFi

Bitcoin lenders may need to become more like traditional finance firms, not less, if they want institutional capital to keep flowing into the sector.At...

DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers

Fluid's aWETH Redemption Protocol, launched with Lido, Ether.fi, 1inch, 0x and Kyber, has processed $136M out of Aave's frozen WETH pool in 48 hours.The...

Huntington Bancshares, First Horizon, M&T Bank, KeyCorp among lenders moving on tokenized deposits

A group of U.S. regional banks is developing the Cari Network, a tokenized deposit platform built on ZKsync, a layer-2 network, as lenders seek...

Wall Street Adds BMNR Stock; DeFi Lenders Are Pressured by Illiquidity

Large institutional investors continued to add exposure to crypto treasury companies over the past week, even as bear-market illiquidity forced another round of shakeouts...

US Lenders Dip Their Toes in Crypto Mortgages

On Jan. 16, Pennsylvania-based lender Newrez announced plans to accept certain cryptocurrency holdings when considering mortgage applications. The change, which the company said will...