{"id":9828,"date":"2022-06-13T00:00:00","date_gmt":"2022-06-12T12:00:00","guid":{"rendered":"https:\/\/bravenewcoin.com\/insights\/metalend-the-lending-protocol-for-fiat-backed-stablecoins"},"modified":"2023-11-27T12:44:45","modified_gmt":"2023-11-26T23:44:45","slug":"metalend-the-lending-protocol-for-fiat-backed-stablecoins","status":"publish","type":"post","link":"https:\/\/bravenewcoin.com\/insights\/metalend-the-lending-protocol-for-fiat-backed-stablecoins","title":{"rendered":"Metalend – the lending protocol for fiat-backed stablecoins"},"content":{"rendered":"
Metalend Finance is a decentralized open-source lending protocol on Ethereum. It supports local currencies and this currently includes Singapore Dollar (XSGD) and Indonesian Rupiah (XIDR) and the New Zealand Dollar Stablecoin (NZDS).<\/p>\n
\u201cWe aim to create a whole new community that is more comfortable trading in their home currency. This opportunity to use local currencies for lending brings greater access, ease, relatability, and most importantly many new investors from countries like Singapore, Indonesia, Vietnam, Thailand, and Malaysia,\u201d said Anthony Ng.<\/p>\n
Metalend<\/a><\/p>\n Techemynt<\/a><\/p>\n Andy on Twitter<\/a><\/p>\n