Compound has added support for stablecoin USDe and mETH as collateral for loans
Odaily Planet Daily reports that Compound Finance is adding Ethena's stablecoin and Mantle's Liquidity Staked Tokens (LST) to its decentralized lending platform. Community members have voted to add the stablecoin USDe and mETH (Mantle's LST) as collateral for loans. According to data from DefiLlama, Compound is one of the most popular DeFi lending protocols on the Ethereum network, with a total locked-in value (TVL) of up to 2.7 billion USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
São Paulo, Brazil to pilot blockchain-based microloans for small rural producers

The BlackRock address received 16,629 ETH and 300 BTC in the past 10 minutes.
Data: BlackRock received BTC and ETH worth $78.15 million from an exchange in the past 10 minutes