Tag: Lending

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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...

Coinbase’s Crypto-Backed Lending Product Expands to XRP and DOGE

In brief Coinbase’s crypto-backed lending product has expanded to several altcoins. Those include XRP, Dogecoin, Cardano, and Litecoin. The product faced a wave of liquidations earlier this...

Apollo Partners With Morpho To Support Lending Infrastructure

Traditional finance giant Apollo Global Management Inc. has signed a partnership agreement with decentralized lending platform Morpho to take a significant stake in the...

Unlocking the Future of Digital Asset Lending

In this episode of the Fintech Times News and Views podcast, Mark Walker interviews Rico van de Veen, co-founder and CEO of Semi Liquid,...