CREAM Finance, a decentralised lending protocol, will be the first protocol in the decentralised finance (DeFi) space to offer a euro-backed stablecoin with the addition of tether tokens pegged to the euro (EURt).

Grayscale Investments, the world’s largest digital currency asset manager, and CoinDesk Indexes, a subsidiary of CoinDesk Inc, have launched the Grayscale Decentralized Finance (DeFi) Fund, a new diversified investment product, and the CoinDesk DeFi Index. 

Decentralisation of cryptocurrencies is helping curb systemic risk amid the ongoing digital asset price volatility, Anthony Scaramucci, founder and managing partner of SkyBridge Capital, told Hedgeweek on Thursday.

Moonstake has become a member of the PL^Gnet Partner Alliance and can now expand access to DeFi services, exchanges, and custodians participating in the PL^Gnet partner ecosystem for its users.

DeFi traders on PlasmaSwap can now trade digital assets as if they were using a conventional exchange, setting the precise entry and exit points to buy or sell tokens at their preferred price.

Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by markets, will launch tether tokens (USDt) on Avalanche, an open-source platform for launching highly decentralised applications, new financial primitives and interoperable blockchains.

Telos, one of the most active blockchain platforms in the world according to Blocktivity, is going cross chain to PancakeSwap, after launching over two years ago and amassing a huge list of active projects in a wide range of industry verticals.

TotemFi, the decentralised finance (DeFi) prediction markets platform for the crypto community, has launched its TOTM token cryptocurrency, which achieved a 12,117.3 per cent price increase to USD27.489 from its initial listing price of USD0.225. It’s currently trading at around USD2.85 on exchanges.

RioDeFi, an ecosystem of financial products bridging traditional and decentralised finance (DeFi), has launched its DeFi incubation hub following three successful pilot projects that will bring greater blockchain interoperability and strength to the DeFi ecosystem in Asia.

Blockchain platform Telos has launched of TSwaps, its new full-featured DeFi platform.