Celsius Network reports to have more than doubled its interest payments in the three months since its last disclosure. This is one more signal of the continuous growth of the crypto lending industry, as decentralized finance (DeFi) operations attract more funds.
As per its Feb. 20 report, Celsius paid over $11 million worth of Bitcoin (BTC), Ether (ETH) and other cryptocurrencies as total interest income. This is an increase of 120% from its $5 million figure reported on Nov. 12, 2019.
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