Goldfinch Wind-Down Exposes DeFi's Real-World Credit Pricing Flaw
Aave is bank-sized, but $2.9T in US corporate loans is the addressable market DeFi still can't underwrite without Goldfinch-style blowups.
Every Zipp story tagged #CreditRisk, newest first.
Aave is bank-sized, but $2.9T in US corporate loans is the addressable market DeFi still can't underwrite without Goldfinch-style blowups.
Jeff Dorman says Strategy raised $2B in stock to ease default fears, then used the cash to buy back 2029 bonds rather than fund the ~$1.5B annual preferred dividend — and a forced seller may emerge…