Binance approves Shiba Inu as collateral asset
The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable assets and collateral assets on its Flexible Loan and VIP Loan services.
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Tokenized FTX claim is used as collateral for a loan
A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan.
Binance considers allowing traders to secure collateral at banks: Report
It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service.
MakerDAO votes to keep USDC as primary collateral, rejects 'diversification' plan
The passed measure ends the 1% USDC to DAI minting fee that was previously implemented.
Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC
Accredited institutions can borrow USD OR USDC starting at 6% APR, according to the company.
Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral
The unnamed recipient of the loan said the e-CNY transaction was fast and efficient; they received an equivalent of 500,000 CNY, which was $74,020 at the time of publication.
Collateral damage: DeFi’s ticking time bomb
As 2022 dawns and crypto enters a new year, an innovative collateralization model will take decentralized finance space by storm.
Crypto derivatives exchange Bitget to list USDC as collateral for margin trading
The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle.