Category: Stablecoins

Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product. On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on “a modified fork of Compound,” in a blog post Inverse Finance founder Nour […]

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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins. Feb 9, 2021 at 2:00 p.m. UTCUpdated Feb 9, 2021 at 2:52 p.m. UTC Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch Xend Finance, a Nigeria-based decentralized finance (DeFi) platform for credit unions and cooperatives, […]

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