Latest / The Cryptocurrency Economy with Fexingo: Bitcoin, Ethereum, and Digital Money Markets
How Crypto On-Chain Lending Is Replacing Banks
In episode 103 of The Cryptocurrency Economy, Lucas and Luna examine the quiet but significant shift from traditional bank lending to on-chain crypto lending. They break down how DeFi protocols like Aave and Compound are now issuing over $2 billion in loans per week, what yield spreads look like compared to the Fed funds rate at 3.62%, and why institutional players are starting to use these protocols for short-term credit. They also discuss the risks—smart contract bugs, liquidation cascades, and regulatory uncertainty—and why on-chain lending may be the most durable use case for crypto even…
The skinny
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