Tag: Lending

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Stablecoin Yield Ban Would Barely Boost Bank Lending, White House Finds

A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides.According to...

Ethena Strikes Lending Deals With Anchorage and Maple amid USDe Reserve Overhaul

The synthetic dollar protocol is moving beyond its crypto basis trade roots into institutional lending, real-world credit, and equity and commodity perpetuals.Ethena Labs is...

Fira Debuts Fixed-Rate DeFi Lending Protocol with $450M in Deposits

Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain...

SBI VC Trade Launches Japan’s First Licensed USDC Lending Service

SBI VC Trade has become the first licensed exchange in Japan to launch a USDC lending service, offering an introductory 10% annual yield. SBI...

DeFi lending platform Aave sees $27 million liquidations after wstETH price glitch

About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have...

Aave Users Reach Record as Traders Quietly Shift Capital Toward DeFi Lending

In brief Aave's monthly active users hit an all-time high of ~155,000 in February, up roughly 100% in six months. The surge was driven by...

ECB Flags Stablecoins as a Growing Risk to Bank Lending

The European Central Bank said increasing stablecoin use may pull money out of bank deposits and weaken the way monetary policy flows through to...

Aave Notches $1T in Lending Volume, an Industry First

Decentralized finance protocol Aave has surpassed $1 trillion in cumulative lending volume, marking a historic first in the DeFi industry.“A decade ago, DeFi and...

Susquehanna-backed Blockfills seek sale after millions in lending losses

Blockfills, the crypto lender backed by trading giant Susquehanna, has incurred losses of around $75 million during the recent market downturn, according to two...