As interest rates in traditional finance continue to rise, crypto is scraping the barrel in search of competitive, low-risk yields.
Enter Coinbase, the largest centralized crypto exchange in the United States. Coinbase users holding the dollar-pegged stablecoin USDC will start earning interest automatically with the option to opt-OUT of the program.
Meanwhile, in the world of decentralized finance, Liquity has resurrected protocol-owned liquidity, a concept that got a lot of hype during the so-called DeFi 2.0 trend last year, but ended up fizzling out. For now, though, it seems to be working. At least for Liquity.
✨Check out our new website✨
https://thedefiant.io/
🚀Sign up to our newsletter🚀
https://newsletter.thedefiant.io/
Camila Russo: https://twitter.com/CamiRusso
Alp Gasimov: https://twitter.com/alpgasimov
✊ Follow The Defiant
Twitter https://twitter.com/defiantnews
Discord https://discord.com/thedefiant
Instagram https://www.instagram.com/thedefiant.io/
Telegram News https://t.me/DefiantNews
#TheDefiant #DeFi #Decentralized #Finance #Blockchain