We live in the days of next-generation digital money emergence. Ultimately, the world lacks a clean balance sheet and an asset that has significant appreciation potential to create more loans against it. Euro-backed stablecoins can help boost the crypto-lending sector by providing new ways to put both digital assets and fiat to work.
Crypto lending works similarly to traditional lending services, the core difference being that loans are issued on decentralized platforms that lock up cryptocurrencies via smart contracts deployed on public blockchains.