Tag: CoinDesk

source: coindesk.com

CoinDesk Launches CDOR to Power Stablecoin-Based Money Markets

CoinDesk Indices, in collaboration with institutional DeFi firm Sentora, has launched the CoinDesk Overnight Rates (CDOR). This groundbreaking benchmark interest rate transforms Aave’s on-chain lending data into standardised overnight money market rates for stablecoins such as USDC and USDT. This initiative marks a major leap in bridging decentralized finance (DeFi) ...

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