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DeFi transforming lending routes on the blockchain

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cointelegraph.com

The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital.

As the crypto ecosystem has grown to a $2-trillion industry by market capitalization, new products and offerings have emerged thanks to burgeoning innovation in blockchain technology.Lending and borrowing have become an integral part of the crypto ecosystem, especially with the emergence of DeFi.

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