Circle Aims to Bring USDC DeFi to Businesses and Institutions

[EAA-ALLAH]

Fintech and crypto firm Circle has grand plans for decentralized finance (DeFi) with the unveiling of a new application programming interface for institutions.
In an announcement on June 24, Circle stated that it will soon be releasing the easiest way for businesses to access DeFi.The firm added that its new DeFi API, will enable businesses to access leading protocols, beginning with DeFi lending pioneer Compound Finance on the Ethereum blockchain.The company behind the USDC stablecoin stated that more than $1.25 billion in USDC has been deposited into the Compound protocol as collateral — the most of any stablecoin on the platform. It aims to harness the stablecoins growing usage and make it easier for firms to interact with the often complex nature of DeFi protocols.Source

[Mayajal]

What does the metaverse Defi smell like? That's the question being posed by Defi fragrance house Rook Perfumes, which is crafting a new fragrance called the Scent of the Metaverse—a perfume that encapsulates the sense of the collective virtual space.