Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending
For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio.
Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.
Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.
If granted, the charter would replace the blockchain-based lender's hodgepodge of state licenses with a single nationwide regulator.
The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.
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.