🚀 Exciting news in the blockchain world! Centrifuge has launched a groundbreaking lending market on Base, Coinbase's Ethereum layer-2 network. This market allows institutions to collateralize and borrow against tokenized U.S. Treasury-backed assets like Anemoy Liquid Treasury Fund, Midas Short Term U.S. Treasuries, and Hashnote’s U.S. Yield Coin. 💼
For the first time, a permissioned lending market will use Ethereum-powered Coinbase Verifications, offering instant liquidity without redeeming the underlying T-bill. What are your thoughts on this innovative use of RWAs in DeFi? Drop your comments below! #Crypto #DeFi #Blockchain