CoinScoopCompound Launches Institutional-Only Lending Market
Compound has introduced a lending market exclusively for whitelisted institutions, allowing them to borrow USDC against collateral including ETH, wstETH, WBTC, and cbBTC. The platform supports loan-to-value ratios of up to 87%. At launch, the market was oversubscribed with participation from entities such as DeFi Saver, K3/Nexo, KPK, and Yearn.
Summaries are written by AI from the original article. Not investment advice.