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The focus of this week’s crypto updates is on the USDC stablecoin. It has been a big week for USDC with the announcement that over $100 Million worth of USDC has been issued on the Tron blockchain and Coinbase has announced the launch of its savings program where users will receive a 4% interest rate on USDC balances. On top of that, we have interest rates in CeFi being considerably higher than DeFi interest rates with Nexo offering an interest rate more than 6X greater than what users can earn from lending USDC on Compound Finance. #usdc #defi #crypto Timestamps 00:00 Introduction 01:35 USDC Leads DeFi 02:27 USDC on Tron 05:04 Coinbase USDC Savings 07:28 CoinMarketCap Swaps 09:10 Summary
The focus of this week’s crypto updates is on the USDC stablecoin. It has been a big week for USDC with the announcement that over $100 Million worth of USDC has been issued on the Tron blockchain and Coinbase has announced the launch of its savings program where users will receive a 4% interest rate on USDC balances. On top of that, we have interest rates in CeFi being considerably higher than DeFi interest rates with Nexo offering an interest rate more than 6X greater than what users can earn from lending USDC on Compound Finance. #usdc #defi #crypto Timestamps 00:00 Introduction 01:35 USDC Leads DeFi 02:27 USDC on Tron 05:04 Coinbase USDC Savings 07:28 CoinMarketCap Swaps 09:10 Summary