Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.
Dharma is getting out of the lending business, launching its V2 on the Compound protocol and focusing on savings accounts for DAI and USDC.
Startups built on Compound's decentralized lending protocol are now pondering the second-order effects of COMP's price surge.
Riding a wave of interest in crypto lending, Dharma is becoming a lucrative way to arbitrage the DAI stablecoin.
Dharma, the lending startup with backing from Coinbase and Polychain, wants to make peer-to-peer crypto loans accessible to all.