Tag: 8691
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21bitcoin launches Europe first pilot Bitcoin-backed lending product
21bitcoin introduces Europe’s inaugural pilot for Bitcoin-backed lending, expanding crypto utility and financial services accessibility while testing new asset-backed financing models.
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Stablecoins power 670 billion dollars in onchain loans according to Visa
Visa’s analysis reveals stablecoins are becoming critical infrastructure for decentralized finance, enabling large-scale lending without traditional intermediaries and reshaping global financial systems.
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Linea launches ETH-backed loan product with Maple Finance
Linea partners with Maple Finance to offer ETH-backed loans, expanding DeFi lending options and increasing capital efficiency for Ethereum holders seeking liquidity.
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Coinbase profits from Bitcoin-backed loans as a technology provider
Coinbase generates revenue by serving as a technology provider for Bitcoin-backed loans, leveraging its platform infrastructure without directly lending, which diversifies its income streams in the crypto market.
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Coinbase Bitcoin-backed loans exceed $1 billion as exchange plans borrowing cap removal
Coinbase’s lending program expansion reflects growing institutional demand for crypto-collateralized financing, indicating maturation of cryptocurrency as a legitimate asset class for traditional financial services.
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First XRP-backed stablecoin loans launch on Flare through Enosys
This integration enables XRP holders to access DeFi lending services, expanding utility for the asset and increasing interoperability within the Flare ecosystem.
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DeFi lending market hits $100 billion as Aave and Compound lead
The DeFi lending market reached $100 billion, with Aave and Compound leading. Ethereum dominates 65% of transactions. MakerDAO and Uniswap also show growth.
