DeFi is paying big to accumulate USDC
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond.
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond.
The individual who accidentally paid a $112,000 ETH gas fee, and is now pleading for the receiver to return it, will unlikely get it back.
Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.
By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.
The DeFi sector is a financial frontier zone, home to some of crypto’s riskiest experiments. As such, chaos isn’t the exception but the rule.