Tag: defi

USDC Lands on XRP Ledger: DeFi & Payments Get a HUGE Upgrade!

USDC Lands on XRP Ledger: DeFi & Payments Get a HUGE Upgrade!

The XRP Ledger (XRPL) just received a huge endorsement. It now boasts native integration of USD Coin (USDC), the engine stablecoin from Circle that’s overtaken all competitors. Rohan Prasad is an astute observer of the crypto space. He thinks this is not just another listing, but rather a game-changing opportunity...

USDC on XRP Ledger: DeFi's Gateway Drug?

USDC on XRP Ledger: DeFi's Gateway Drug?

You've heard the name. Maybe you even use it. Do you know precisely why its arrival on the XRP Ledger (XRPL) is such a momentous occasion? Forget the technical jargon for a minute. Let's talk about street food.Imagine DeFi as an international street food fair. Delectable, multifarious, and possibly… sort...

USDC Goes Live on XRP Ledger, Boosting DeFi and Payments

USDC Goes Live on XRP Ledger, Boosting DeFi and Payments

Circle's USDC is now live on the XRP Ledger (XRPL), a move poised to significantly enhance the ledger's capabilities across enterprise payments, cross-border transactions, and decentralized finance (DeFi). Together, this integration acts as an important building block for XRPL’s vibrant DeFi ecosystem. It provides predictability and performance benefits to both...

XRP's DeFi Future? USDC Launch Exposes Hidden Potential

XRP's DeFi Future? USDC Launch Exposes Hidden Potential

The arrival of USDC on the XRP Ledger (XRPL) isn’t just your average stablecoin listing. It might ignite a DeFi revolution, exposing the DeFi promise that sits just below the surface of an ecosystem often perceived only as a new payment rail. Let's be real, the current XRPL DeFi landscape...

11 Reasons Why New Crypto Coins Are a DeFi Revolution (Or a Disaster)

11 Reasons Why New Crypto Coins Are a DeFi Revolution (Or a Disaster)

The crypto landscape is a wild west. Each day, like a well-orchestrated carnival, another coin drops, guaranteeing untold riches and a more luminous, decentralized future on the other side of the rainbow. Are these new kids on the block really the secret to unlocking DeFi’s true potential? If so, are...

Solana, XRP, ADA, XLM: Will Nasdaq's Blessing Trigger a DeFi Revolution?

Solana, XRP, ADA, XLM: Will Nasdaq's Blessing Trigger a DeFi Revolution?

Nasdaq isn’t the only one to have recently discovered XRP, Solana, Cardano and Stellar’s potential. By putting them in a “Crypto Index – Core Top 10” suggestions, it really seems like a chess grandmaster is at long last, giving these hopeful pawns their moment. Will this blessing encourage a true...

DeFi Lending Protocols Spearhead Crypto Lending Resurgence

DeFi Lending Protocols Spearhead Crypto Lending Resurgence

DeFi lending protocols, such as Aave and Compound, are driving the recovery, showing a strong upward trend and gaining more market share. In terms of usage, these protocols have experienced fantastic expansion, as open borrows have skyrocketed by nearly 960% from Q4 of 2022 to Q4 of 2023. With crypto...

5 Reasons DeFi Lending's TVL Surge Proves CeFi Is Dead

5 Reasons DeFi Lending's TVL Surge Proves CeFi Is Dead

The numbers don't lie. Centralized finance (CeFi) lenders imploded and brought billions of customer deposits with them. At the same time, DeFi lending went to work recreating itself. We’re no longer just debating lending protocols—most of which have deployed inflationary governance/utility tokens to boot—that are comparable in TVL to DEXs....

DeFi Lending Surpasses DEXs: Is Sustainable Yield the Key?

DeFi Lending Surpasses DEXs: Is Sustainable Yield the Key?

The DeFi (Decentralized Finance) landscape is ever-changing, with new sectors of the space rising to the forefront and making noise on various weeks. Most recently, DeFi lending protocols took the lead over Decentralized Exchanges (DEXs) in Total Value Locked (TVL). As of October 2023, DeFi protocols have climbed to a...