DeFi Comeback: Interest Rates and Stablecoins Fuel Crypto Market Surge

DeFi Comeback: Interest Rates and Stablecoins Fuel Crypto Market Surge

Decentralized finance (DeFi) is making a strong comeback, with the total value locked (TVL) in the crypto market expected to reach a new high by next year, according to a recent report by Steno Research. Interest rates play a crucial role in DeFi's attractiveness, especially since the market is largely centered around the U.S. dollar. Steno analyst Mads Eberhardt noted, "Interest rates are the most critical factor influencing the appeal of De...

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