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USDT & USDC Earn Up To 30% Interest On Compound, Are Big Players Involved?

source-logo  coingape.com 09 March 2024 12:30, UTC

ShapeShift CEO and Founder Eric Voorhees recently raised concerns about the decentralized finance (DeFi) arena by pointing out the extraordinary returns being generated by stablecoins such as Tether (USDT) and (USDC) on platforms like Compound. This statement comes amid the latest update on SEC and ShapeShift fiasco that witnessed the latter paying a fine.

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