Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Lenipiw on September 01, 2020, 07:02:51 PM
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Data shows DeFi platforms and their users are rapidly increasing their use of USDC stablecoin after Curve Finance launched.
Data from on-chain analytics firm, Flipside Crypto, reveals that members of the decentralized finance (DeFi) ecosystem are turning to USD Coin USDC in order to interact with DeFi protocols either by earning high-yield income on lending protocols like Compound and Aave. Users are also providing liquidity to liquidity pools like Uniswap and Curve, the latter of which offers stablecoin to stablecoin trading.
Visit here: https://cointelegraph.com/news/defi-users-turn-to-usdc-stablecoin-to-earn-high-yield-interest-data-shows