Crypto Lenders Have Earned Just 2% on $4.7 Billion in Loans: Report
A new report from credit assessment startup Graychain shows that demand for crypto loans is surging, but lenders aren't making much profit.
For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio.
Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America.
A new platform backed by Guangdong province aims to streamline the process for commercial banks to lend funds to small businesses with more detailed and reliable profiles provided by its blockchain network.
The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate.
Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.