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Decentralized Platform Aave Wins Community Votes to Onboard PYUSD Stablecoin


Source: AdobeStock / Sundry Photography Aave, a decentralized platform that allows users to borrow/lend crypto, might consider adding PayPal’s PYUSD stablecoins to its Ethereum pool. The platform proposed its plans to integrate PYUSD stablecoin in December, seeking community vote. The voting window...

Swiss Bank Offers Clients Crypto Lending Product


Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their original crypto investments. Switzerland-Regulated...

Coinbase to Wind Down Lending Program Over Coming Months


Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said

Today in Crypto: NY Proposes Bill to Allow Stablecoin Payments for Bail Bonds, Franklin Templeton Plans Second Blockchain Fund, Circle Won't Hold Treasurys Past June, Bittrex Allowed to Borrow $7M


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: NY Proposes Bill to Allow Stablecoin Payments for Bail Bonds, Franklin Templeton Plans Second Blockchain...

Coinbase to Cease New Loan Issuance Through Bitcoin Borrow Service


Global crypto giant Coinbase has announced plans to shutter its loan services.  Effective May 10, Bloomberg reports, Bitcoin-backed loans will cease to be available to customers. The exchange emphasized a focus on prioritizing offerings of utmost importance to clientele, resulting in continuous...

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal


After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit...

MetaLend has deployed on Ronin to borrow and lend against NFTs


Ronin Network recently announced the launch of MetaLend on its mainnet. MetaLend is primarily known for helping Axie Infinity users get loans for in-game assets. The assets include land and axies directly associated with the Ronin wallets. In addition, MetaLend develops software that lets users...

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