Tether, the company behind the biggest stablecoin by means of total market cap – USDT – has announced that CREAM Finance has become the first DeFi protocol to support their Euro-pegged EURt token. According to a recent press release, CREAM Finance – a well-known DeFi protocol, has become the first to integrate Tether’s EURt stablecoin into its lending platform. Users on the platform will be able to access EURt for lending and for borrowing. Meanwhile, they can also do so using Tether’s USDT. C.R.E.A.M. Finance will be the first DeFi platform to offer EURt to users in the DeFi ecosystem. Users on the platform will obtain access to EURt for lending and borrowing markets, amid increasing demand for euro pegged stablecoins in the DeFi space. Users can also obtain access to
Topics:
George Georgiev considers the following as important: AA News, defi
This could be interesting, too:
Wayne Jones writes Bad News for Crypto? Elizabeth Warren to Succeed Sherrod Brown on House Banking Committee
Martin Young writes Ethereum’s Modular Strategy: Short-Term Pain, Long-Term Gain, Says Research
Wayne Jones writes DOJ Seeks M in Crypto from Binance Over FTX Bribery Allegations Involving SBF
Chayanika Deka writes Bitcoin Wallet Awakens After 13 Years, Transfers .67M Amid Market Surge
Tether, the company behind the biggest stablecoin by means of total market cap – USDT – has announced that CREAM Finance has become the first DeFi protocol to support their Euro-pegged EURt token.
- According to a recent press release, CREAM Finance – a well-known DeFi protocol, has become the first to integrate Tether’s EURt stablecoin into its lending platform.
- Users on the platform will be able to access EURt for lending and for borrowing.
- Meanwhile, they can also do so using Tether’s USDT.
C.R.E.A.M. Finance will be the first DeFi platform to offer EURt to users in the DeFi ecosystem. Users on the platform will obtain access to EURt for lending and borrowing markets, amid increasing demand for euro pegged stablecoins in the DeFi space. Users can also obtain access to Tether tokens pegged to USD (USDt) on C.R.E.A.M. Finance. – Reads the announcement.
- Thether’s EURt is a stablecoin that tracks the price of the Euro.