Kamino Brings Sterling Lending Onchain With tGBP Market
TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies. Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL. The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana. Dollar stablecoins dominate DeFi, but Kamino is adding a different currency to […]
Key Takeaways
- TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies.
- Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL.
- The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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