#OnChainLendingSurge Assalamualaikum everyone earn crypto together like and follow me more rewards BNB , FDUSD, USDC etc

On-chain lending has seen a significant surge, driven by the growing demand for decentralized finance (DeFi) platforms. The total stablecoin market cap has reached a record high, surpassing $200 billion, with a 13% increase over the past month 1

This surge is attributed to investors seeking higher yield opportunities on DeFi platforms, with stablecoin borrowing and lending rates reaching 10-20% annualized on platforms like Aave and Compound . The total value locked in lending protocols has also hit an all-time high of $54 billion, surpassing the previous bull market peak

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