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Home»DeFi»Summer is back in decentralized finance (DeFi), according to Steno Research
DeFi

Summer is back in decentralized finance (DeFi), according to Steno Research

August 25, 2024No Comments1 Min Read
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Interest rates aren’t the only factor driving DeFi’s comeback, though. Crypto-specific factors are also at work. The growth in stablecoin supply, which has increased by about $40 billion since January, is crucial because “stablecoins are the backbone of DeFi protocols,” Steno said.



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