Animoca Brands Chairman Yat Siu believes on-chain student loans could be the next big DeFi opportunity. He recently pointed out that if 10% of student loans were issued on chain, it would quadruple ...
Student loans have become a massive burden for millions of Americans. As of 2024, nearly 43 million borrowers owe a total of $1.77 trillion in student loans, with the majority being federal loans.
“The next big wave in Web3 is education,” said Yat Siu, chairman of Animoca Brands, on stage at Consensus Toronto. Bringing student loans onchain would increase the total value locked (TVL) in ...
As one of the largest BTC-backed lenders in the world, Two Prime has a front-row view of how the industry’s lending markets ...
Fintech may be hitting its stride, especially for those rich in cryptocurrency holdings. As it is, interest rates for collateralized loans on decentralized finance (DeFi) protocols like market leader ...