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Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products

Altszn.com by Altszn.com
June 21, 2023
in Ethereum
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Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products
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The surge in Raft, an alternative stablecoin issuer, highlights the booming market for liquid staking tokens, which enable users to main liquidity, despite locking their ether to earn rewards for securing the Ethereum blockchain. The liquid staking sector has a combined TVL of more than $20 billion, putting it ahead of decentralized exchanges, lending platforms and bridging protocols as DeFi’s top dog.



Read More: www.coindesk.com

Tags: embraceETHEtherEthereumliquidProductsraftsstablecoinStakingsurgestraders
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