“We’ve seen the nice utility stablecoins and USDC have delivered to builders, companies, end-users and extra throughout an array of use instances, together with for world lending markets inside DeFi,” the corporate stated in a weblog submit. “Nonetheless, for brand spanking new entrants to take part in these markets, the power to securely unlock credit score on-chain by means of secure requirements and underwriting, represents a major barrier to entry.”