After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.
Users of SBI's cryptocurrency exchange can lend XRP for a return of 0.1% per annum.
The product is part of Gemini’s attempt to bring in new crypto investors with bank-like products.
The average loan size for a first-time lender on the platform is $3.2 million, Genesis said.
In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.
A clever way for bitcoin miners to get better loan terms.
Open lending grew from a fringe use-case to a burgeoning engine powering the next phase of the digital economy.
Maple Finance is a new firm out of Australia releasing a token-governed platform for institutional lending.
Firms handling loans for home energy projects in California, Florida and Missouri are using a blockchain system from Spring Labs that could save up to $10 million in fraud.
A loophole in MakerDAO’s collateralized debt market enables positions to be closed far more leniently than intended due to an oversight in the auction process.
The Filecoin network is facing liquidity problems, forcing some miners to borrow the native token at outrageous rates.
Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.
Lending rates on all the top DeFi platforms are dizzyingly variable. Enter Notional, a new protocol with backing from Coinbase and others.
Hodl Hodl is launching a peer-to-peer lending marketplace for hardcore bitcoiners
The makers of Japan's popular messaging app LINE is launching a crypto lending service through its BITMAX exchange.