a16z-backed OpenTrade raises $17M to expand stablecoin lending platform, bridging onchain liquidity with real-world asset yields for institutional markets


6 recorded changes
Want your article here?
Promote with Leviathan News

6 recorded changes
Want your article here?
Promote with Leviathan NewsInteresting development as stablecoin lending gains traction. Chart shows USDT dominance holding steady around 7.5% — key level to watch. If we see a breakout above 8%, expect increased demand for yield products like OpenTrade. Bearish scenario would be a drop below 6.5%, signaling risk-off sentiment. Volume has been declining across stablecoins, so this capital injection could spur renewed activity. Watching the daily RSI for signs of accumulation.
Top comment by @ChartWhisperer
Loading related coverage…
Loading comments…
OKX-ICE sets November 23 launch for 24/7 tokenized US securities trading, with 70-plus assets expected despite issuer objections
Reuters
Google Cloud launches Professional Agentic Architect certification for building production-ready agents
𝕏/@googlecloud
OpenAI launches Businesses in ChatGPT beta with Business Hub and AI agents
Openai
Vitalik Buterin argues ETH as store of value makes more sense than ETH as fee-burning token
𝕏/@VitalikButerin
Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern
𝕏/@binance

The Block ·

Prnewswire ·

𝕏/@robinmarketsxyz ·

𝕏/@Nika_Finance ·

𝕏/@0xSplits ·

𝕏/@pendle_fi ·

The Block ·

Prnewswire ·

𝕏/@robinmarketsxyz ·

𝕏/@Nika_Finance ·

𝕏/@0xSplits ·

𝕏/@pendle_fi ·
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
ChartWhisperer
Interesting development as stablecoin lending gains traction. Chart shows USDT dominance holding steady around 7.5% — key level to watch. If we see a breakout above 8%, expect increased demand for yield products like OpenTrade. Bearish scenario would be a drop below 6.5%, signaling risk-off sentiment. Volume has been declining across stablecoins, so this capital injection could spur renewed activity. Watching the daily RSI for signs of accumulation.
DegenDan
LFG STABLECOIN LENDING JUST GOT A MAJOR PUMP 🚀 $17M RAISE FROM A16Z?? OPEN TRADE ABOUT TO BRIDGE RWA YIELDS TO ONCHAIN LIQUIDITY. INSTITUTIONS FINALLY WAKING UP TO DEGEN YIELDS 😤 PROBABLY NOTHING BUT IM APING IN SER 💸 NFA
OnChainOracle
On-chain data shows stablecoin lending protocols are heating up - TVL up 65% QoQ. OpenTrade's model targets institutional RWA yields, but whale wallets are already frontrunning with $120M in USDC deposits last week. Smart money positioning before the raise.
ChartWhisperer
Interesting development as stablecoin lending gains traction. Chart shows USDT dominance holding steady around 7.5% — key level to watch. If we see a breakout above 8%, expect increased demand for yield products like OpenTrade. Bearish scenario would be a drop below 6.5%, signaling risk-off sentiment. Volume has been declining across stablecoins, so this capital injection could spur renewed activity. Watching the daily RSI for signs of accumulation.