“We’ve seen the nice utility stablecoins and USDC have dropped at builders, firms, end-users and extra throughout an array of use instances, together with for international lending markets inside DeFi,” the corporate stated in a weblog submit. “Nonetheless, for brand spanking new entrants to take part in these markets, the power to securely unlock credit score on-chain by means of protected requirements and underwriting, represents a big barrier to entry.”