Banking App Current Teams Up With Acala for DeFi Debut on Polkadot

[EAA-ALLAH]

Banking app Current has announced a collaboration with Acala, a decentralized finance (DeFi) platform build on the Polkadot (DOT) blockchain.
New York-based bank Current was created to provide services to Americans overlooked by traditional banks. This morning, Current announced a partnership with Acala, a DeFi platform built on the Polkadot blockchain network.
Current states that the collaboration is the first of its kind and will establish a new hybrid finance (HyFi). The new hybrid will combine both traditional and decentralized financial apps.
Acala being their all-in-one DeFi network to the pairing that offers a blockchain platform secured by Polkadot. Additionally, as a suite of cross-chain financial apps, Acala users can trade, issue self-serviced loans, become liquidity providers of their own, access staking derivatives, and enjoy high-interest APY on digital assets. Source