XRP borrowing has officially launched on the Flare network on Monday through an integration with Morpho, and it enables FXRP holders to access the XRP lending protocol for the first…
BRICS member China has pressed the accelerator on de-dollarization as lending in the Chinese yuan surges. China’s push for the yuan is working as trade and investments are moving away…
Coinbase USDC lending now offers up to 10.8% APY through the Morpho Protocol integration, which actually marks a pretty significant expansion in decentralized finance access for mainstream users. The new…
Michigan-based mortgage lender LitFinancial on Wednesday debuted its U.S. dollar stablecoin, dubbed litUSD, on the Ethereum blockchain as the digital dollar movement is expanding beyond crypto natives.The firm said it…
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Shiba Inu cross-chain lending has actually launched with an attractive 10.93% APY through Folks Finance’s integration with Chainlink CCIP. This marks SHIB as the first meme coin to offer cross-chain…
Decentralized lending protocols are surging in total value and set to capitalize on the growing institutional adoption of stablecoins and tokenized assets, according to Binance Research.Decentralized finance (DeFi) lending protocols…
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In brief
South Korea has temporarily suspended new crypto lending services, citing a lack of user protection.
This development comes after a recent incident at Bithumb that resulted in widespread liquidations.
Analysts suggest…
South Korea’s top financial regulator ordered crypto exchanges to suspend new digital asset lending services, citing mounting risks and highlighting a need for clear rules. The Financial Services Commission (FSC) said…