Compound launched an institutions-only lending market for USDC against ETH, wstETH, WBTC and cbBTC collateral, offering loan-to-value ratios of up to 87%. The market was oversubscribed at launch.
DeFi Saver, K3/Nexo, KPK and Yearn participated in the launch.
Compound Launches Institutional USDC Lending Market
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