Srinivasan said he needs a mutually agreed custodian to ensure the betโs settlement in case of digital dollar devaluation. The tech founder also mentioned the possibility of executing the stake through a smart contract, allowing the use of USDC stablecoin instead of US dollars.
The TVL of DeFi protocols is
$128.3 B, and Eth2 ranks first.
According to Huobi data, the current TVL of DeFi protocols is $128.3 B. The top five locked assets are Eth2($30.91 B), Giveth($22.13 B), LIDO($10.35 B), Curve($5.3 B) and Maker($4.79 B).
#Defi#Ethereum#ETH#Huobi#btc
Swiss authorities are considering applying losses to Credit Suisse bondholders as part of the bank's ongoing recovery efforts, Reuters learned from two sources. European regulators are concerned that the move might undermine investor confidence in Europe's financial sector.
A rescue plan for Swiss banking giant Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG, multiple reports revealed on March 19.
#CreditSuisse