Global #Lending

Tether (USDT), the leading stablecoin by market capitalization, is considering a foray into lending for international commodities traders, particularly in developing markets.

Decentralized Finance (DeFi) has emerged as a revolutionary sector within the blockchain space, offering new paradigms for financial services. Among the various DeFi applications, lending and borrowing platforms stand out for their ability to disrupt traditional banking systems by providing decentralized alternatives.

YouHolder is a platform that offers financial services and products in the cryptocurrency space. It primarily focuses on providing lending and borrowing services using cryptocurrency assets as collateral. Users can deposit their cryptocurrencies into the platform and borrow funds against their holdings without needing to sell their assets.

ZachXBT, a pseudonymous blockchain examiner, shared this fraud alert after observing that the same gang of con artists had tried to con other people into transferring digital assets valued at over $30 million.