Cardano DeFi TVL Falls Over 50% as RealFi Launches
RealFi offers Cardano's growing stablecoin base a route into credit, but retail exits depend on exchange liquidity and stakers bear junior losses.
Every Zipp story tagged #PrivateCredit, newest first.
RealFi offers Cardano's growing stablecoin base a route into credit, but retail exits depend on exchange liquidity and stakers bear junior losses.
Catapult targets private credit and other tokenized assets, positioning market structure and liquidity as the next test for real-world finance onchain.
The fund applies business-based underwriting to a market where banks face regulatory constraints and crypto lenders typically require asset-backed collateral.
Tokenized assets have reached meaningful scale, but limited DeFi deployment and category concentration show that on-chain capital is not yet broadly utilized.
The vault targets 1.5% to 2% annual yield with a $250,000 minimum, and the $10 million first-loss commitment signals how seriously Two Prime is betting its own balance sheet on onchain bitcoin credit.
The structure links USDT settlement rails to Fasanara's lending platform while seeking up to $3 billion in extra institutional funding.
The $400M anchor matters less than what it unlocks: USDT becomes the rail for cross-border private credit, repositioning Tether as a finance-infrastructure layer rather than only an issuer.
A grand jury subpoena reframes a filing correction as a stress test for the entire life-insurer private-credit model, where prices, ratings and counterparties all run through affiliates.
The piece argues the convergence of post-2022 Treasury dominance over low-risk DeFi yields and a multi-year EU SME lending gap is what built the case for RWA private credit.
Onchain lending rails can move capital faster, but the underwriting, collateral and legal recovery behind SME loans stay stubbornly offchain, leaving a funding gap mostly intact.
8lends and FINMA-supervised Maclear AG split the stack: settlement stays onchain, while underwriting, collateral registration and default recovery stay inside regulated legal rails.
Excluding stablecoins, the on-chain RWA stack has grown more than tenfold since early 2024, but minimums above $500K keep most of that capital gated to institutions.
Private credit was sold as the steady-yielding answer to bank loans, but a slow unwind is testing whether the shadow book was ever actually priced.
Maclear's Vibroedil default settled at full principal recovery via Italian pledge law, the first real-world stress test of whether an on-chain credit claim is still enforceable off-chain.
The pipeline puts Stellar alongside Franklin Templeton and WisdomTree as a settlement layer for institutional tokenization, with private credit now the fastest-moving real-world asset class on-chain.
Q2's twin liquidity events in tradable crypto and locked-up private credit say more about the macro backdrop than either signal alone, with the SPR at a 1983 low compounding the risk-off read.
Aave Horizon is now the first institutional lending venue for a single-strategy token tracking Fasanara's alternative debt book, a real test of whether DeFi credit markets can intermediate…
Aave is now bank-sized, yet the $2.9T US corporate loan market is still priced by humans — the gap is where AI-onchain credit is being pitched.
The four-year pipeline lands on Avalanche alongside BlackRock's Uniswap and Apollo's Morpho moves — a marker that traditional credit originators are now bridging to public-chain rails, with AI agents…
The Federal Reserve has reported a modest but notable increase in loan delinquencies through 2025, while simultaneously…