“We’ve seen the nice utility stablecoins and USDC have dropped at builders, firms, end-users and extra throughout an array of use instances, together with for international lending markets inside DeFi,” the corporate mentioned in a weblog submit. “Nonetheless, for brand new entrants to take part in these markets, the power to securely unlock credit score on-chain by means of protected requirements and underwriting, represents a major barrier to entry.”
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