Lending

Hong Kong-based crypto lender Babel Finance wants to roll out DeFi platform and stablecoin. (Unsplash)
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
The firm's sole director is hoping to roll out a DeFi platform to begin paying back creditors.
Hong Kong-based crypto lender Babel Finance wants to roll out DeFi platform and stablecoin. (Unsplash)

(Ina Hoekstra/Pixabay)
Will DeFi Emerge From Crypto Winter Stronger?
Galaxy Digital researcher Chelsea Virga writes about the innovations happening in decentralized finance.
(Ina Hoekstra/Pixabay)

LQTY rises by 35%. (Cryptowatch)
Stablecoin Lender Liquity's Token Rises 35% on Binance Listing
LQTY hit a 10-month high of $1.82 as trading volume surged by 382%.
LQTY rises by 35%. (Cryptowatch)

(DefiLlama)
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges.
(DefiLlama)

(Rob Mitchell/CoinDesk)
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.
(Rob Mitchell/CoinDesk)

Clearpool Prime is set be released in the first quarter of the year. (Clearpool)
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
Clearpool also opened the onboarding and whitelisting process for institutional borrowers and lenders to its Prime platform.
Clearpool Prime is set be released in the first quarter of the year. (Clearpool)

(Lo Lo/ Unsplash)
How to Avoid the Death of DeFi in the Wake of FTX
The crypto exchange’s collapse is an inevitable outcome for an industry yet to find its use case. For crypto to survive, it needs to learn from the very financial sector it se...
(Lo Lo/ Unsplash)

Aave is the Finnish word for ghost. (MidJourney/CoinDesk)
Aave Deploys Native Stablecoin GHO on Ethereum Testnet
GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.
Aave is the Finnish word for ghost. (MidJourney/CoinDesk)

Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)
MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract...
Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)

(Unsplash)
Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
Clearpool Prime will allow institutional borrowers to create permissioned borrowing pools with their own loan terms.
(Unsplash)