Hello Defiers! Happy Independence Day to those of you in the U.S., and salutations to everyone else as we head toward midsummer’s eve in the north, and midwinter’s day in the south. This week was loaded with a blast of strange news in DeFi, from Twitter jumping into bed with Rarible to the vice chair of the Federal Reserve embracing stablecoins as a perfectly viable alternative to digital USD. Then there was Coinbase and Compound pushing into that most venerable of TradFi businesses — the savings account. The cross-pollination of on-chain and off-chain models was a running theme all week, with new bank Current integrating with Compound for example, and one we expect to see intensify in the months to come.
🦄 Recap: DeFi Week of June 27
🦄 Recap: DeFi Week of June 27
🦄 Recap: DeFi Week of June 27
Hello Defiers! Happy Independence Day to those of you in the U.S., and salutations to everyone else as we head toward midsummer’s eve in the north, and midwinter’s day in the south. This week was loaded with a blast of strange news in DeFi, from Twitter jumping into bed with Rarible to the vice chair of the Federal Reserve embracing stablecoins as a perfectly viable alternative to digital USD. Then there was Coinbase and Compound pushing into that most venerable of TradFi businesses — the savings account. The cross-pollination of on-chain and off-chain models was a running theme all week, with new bank Current integrating with Compound for example, and one we expect to see intensify in the months to come.