$100 Million USDC Stablecoin Issued On Tron Blockchain – USDC Takes Over!!

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

Coinbase USDC Lending
https://www.coinbase.com/lend

Tether Scrutiny
https://www.youtube.com/watch?v=-whuXHSL1Pg

References

https://twitter.com/Uniswap/status/1410032279699787776/photo/1

https://blog.coinbase.com/sign-up-to-earn-4-apy-on-usd-coin-with-coinbase-cdad79e5f5eb

https://twitter.com/Uniswap/status/1410032279699787776/photo/1

https://www.coindesk.com/usdc-stablecoin-could-soon-expand-to-10-more-blockchains

https://www.coingecko.com/en