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Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products

June 21, 2023
in Crypto Updates
Reading Time: 1 min read
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The surge in Raft, an alternate stablecoin issuer, highlights the booming marketplace for liquid staking tokens, which allow customers to principal liquidity, regardless of locking their ether to earn rewards for securing the Ethereum blockchain. The liquid staking sector has a mixed TVL of greater than $20 billion, placing it forward of decentralized exchanges, lending platforms and bridging protocols as DeFi’s high canine.

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Tags: EmbraceEtherLiquidProductsRaftsStablecoinStakingSurgesTraders
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