RedStone Report: Tokenized Gold Passes DeFi Stress Test, but Collateral Utilization Rate Remains Below 2%
A report released by RedStone shows that tokenized gold withstood the DeFi stress test during the recent sharp sell-off in gold prices. However, the report notes that despite market growth and a surge in trading volume, tokenized gold accounts for less than 2% of collateral used in DeFi lending, indicating that its adoption in the DeFi sector remains limited.
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Source:Cointelegraph · Source Link
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