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Crypto Lenders Hold Nearly $60B of Assets as New Wave of DeFi Adoption Sweeps In: Report
There's a quiet transformation underway in decentralized finance (DeFi).While DeFi's previous bull market was driven by eye-watering—and dubious—yields and speculative frenzy, the current growth...
Fed Leaves Rates Steady, Expects Weaker Growth, Sticky Inflation
As it was near-universally expected, the U.S. Federal Reserve left benchmark interest rates steady at 4.25%-4.50% on Wednesday at the June meeting."Although swings in...
Coinbase Debuts Stablecoin Payment Stack Following Shopify Partnership
Crypto exchange Coinbase (COIN) is venturing further into the global payments business with the launch of Coinbase Payments, the company said in a Wednesday...
BlackRock’s $2.9B Tokenized Treasury Fund Now Accepted as Collateral on Crypto.com, Deribit
The largest tokenized U.S. Treasury fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), can now be used as collateral on two of the...
Latin America Oil, Gas Deal Worth $75M Gets Tokenized as RWA Momentum Builds
The landmark acquisition of a working oil and gas facility in Latin America worth $75 million was completed using stablecoins and tokenized debt and...
CoinDesk Indices, Sentora Unveil Stablecoin Overnight Rates to Mirror Money Market Tools
CoinDesk Indices and decentralized finance (DeFi) specialist Sentora are introducing a benchmark tied to overnight stablecoin lending rates, bringing on-chain markets one step closer...